CAMPBELL, Calif.--(BUSINESS WIRE)--Feb 18, 2026--
Elumn8 Medical, Inc., formerly known as Simpson Interventions, today announced the successful initial close of its Series C financing and the company’s rebrand to Elumn8 Medical, Inc. The financing will support continued clinical development of the Acolyte™ Image-Guided Crossing and Re-Entry Catheter System, currently being evaluated in a pre-market clinical trial for the treatment of coronary chronic total occlusions (CTOs). Chronic total occlusions, or completely blocked coronary arteries, represent one of the most persistent challenges in interventional cardiology.
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The rebrand reflects the company’s evolution and its focus on advancing image-enabled technologies designed to improve the precision, predictability, and safety of complex coronary interventions. It also references the eighth medical device company founded by Dr. John B. Simpson, whose seminal advancements in coronary and peripheral interventions have transformed interventional cardiology.
“We are excited to secure the initial close of our Series C financing and to introduce Elumn8 Medical as the next chapter in our company’s growth,” said Joe Knight, Chief Executive Officer of Elumn8 Medical. “This funding strengthens our ability to execute on our clinical and regulatory strategy. We are grateful to the investors who have demonstrated confidence in our vision for this important therapeutic option.”
Elumn8 Medical continues to make progress in its Acolyte pre-market clinical trial, which is evaluating the safety and performance of the Acolyte Image-Guided Crossing and Re-Entry Catheter System in patients undergoing CTO percutaneous coronary intervention (CTO-PCI). The trial is enrolling patients at multiple sites in the United States, with up to 103 patients expected across as many as 15 centers.
“The progress we are seeing in the Acolyte clinical program reinforces our belief that image-guided CTO crossing and re-entry represents an important advancement for interventional cardiology,” said Dr. Simpson, Founder and Chief Medical Officer of Elumn8 Medical. “Further, I am thrilled by our rebranding to Elumn8 Medical, as it better captures our mission to visualize complex coronary anatomy and enable more consistent, minimally invasive treatment of CTOs.”
During coronary CTO procedures, the Acolyte System is designed to provide real-time intravascular imaging to support controlled guidewire true-lumen crossing and targeted re-entry into the correct channel for blood flow distal to the lesion, which remains an area of persistent technical challenge for interventional cardiologists. By integrating optical coherence tomography (OCT) imaging directly into a crossing and re-entry catheter, Acolyte intends to improve procedural efficiency, predictability, and safety by enabling wire delivery during concurrent fluoroscopy and OCT visualization.
The Acolyte System has received FDA Breakthrough Device Designation and has been accepted into the FDA’s Total Product Life Cycle Advisory Program (TAP), underscoring its potential to address an unmet need in the treatment of coronary CTOs.
CAUTION – Investigational device. Limited by United States law to investigational use. Not available for sale in any geography.
About Elumn8 Medical
Elumn8 Medical is a medical technology company dedicated to advancing image-enabled solutions for complex coronary interventions. The company’s technologies are designed to enhance visualization, control, and procedural confidence in minimally invasive percutaneous treatments, with an initial focus on coronary chronic total occlusions.
For more information, visit www.elumn8medical.com.
Elumn8 Acolyte System
CORTINA D'AMPEZZO, Italy (AP) — Mikaela Shiffrin closed her eyes, gave a deep breath and took a big step back onto the top of an Olympic podium.
The American skiing standout was a gold medalist at the Winter Games once again — and she couldn’t quite believe it.
Shiffrin put in two dominant runs in gorgeous conditions amid the jagged peaks of the Dolomites to win the women's slalom by a massive 1.50 seconds, ending her eight-year medal drought at the Winter Games and showing why she is widely regarded as the greatest Alpine skier of all time.
In emotional scenes after the race, the 30-year-old Shiffrin was embraced by Camille Rast of Switzerland, who took silver, and bronze-medalist Anna Swenn Larsson before fighting back tears as she approached her mom and coach, Eileen, for a long, deep hug next to the finish area.
She also said she was thinking about her father, Jeff, who died at the age of 65 in an accident at the family home in Colorado in February 2020.
“This was a moment I have dreamed about — I’ve also been very scared of this moment,” Shiffrin said. "Everything in life that you do after you lose someone you love is like a new experience. It’s like being born again.
“And I still have so many moments where I resist this. I don’t want to be in life without my dad,” she added, her voice trembling. “And maybe today was the first time that I could actually accept this, like, reality.”
The victory made Shiffrin the first American skier to win three Alpine golds and was the third-largest margin of victory in a women’s Olympic slalom — the event she won as a fresh-faced teenager in Sochi in 2014 to underline her status as a skiing star.
Twelve years later, and having gone through so many highs and lows on and off the course, she delivered again in her favorite race as her skiing career came full circle.
“Maybe,” she added, “just today, I realized what happened in Sochi. It’s crazy.”
A the medal ceremony, she shook both of her hands as she was about to receive her gold medal, clearly overcome by emotion. When it was placed around her neck, she looked down at it almost in disbelief.
Maybe it was a release of all the pressure on Shiffrin after she failed to win an Olympic medal in eight races since adding gold and silver to her collection in Pyeongchang in 2018.
A nightmarish 0-for-6 performance in Beijiing was followed in Cortina d’Ampezzo this year by a fourth-place finish with Breezy Johnson in the team combined, in which Shiffrin placed 15th in the slalom portion, and an 11th place in the giant slalom.
It was fodder for the “keyboard warriors,” Shiffrin acknowledged, but she ignored all of them
That's all in the past.
Shiffrin has now won three golds and a silver at the Olympics to add to her record total on World Cup wins — it's 108 and counting, including 71 in slalom. There's also world titles in slalom (four), giant slalom and super-G to fill out arguably the greatest career in Alpine racing.
“In another league,” was how Larsson put it.
Shiffrin led by 0.82 seconds after the first run on a mostly flat course that Team USA officials described to her over the radio as a “high-tempo ripper.”
There was one wobble when she struck a gate and for a fraction of a second, it appeared she was headed for another Olympic disappointment.
Not this time.
She snapped back into form to post a time, in the No. 7 bib, no one could get near.
“When I saw one second (behind) after the first run," Rast said, "I was like, ‘OK, the gold is gone.'"
Shiffrin's second run was also smooth, getting through the tough top section without a hitch and pushing through the slower middle section. When she leaned forward to cross the line, Shiffrin had the largest margin of victory in any Olympic Alpine skiing event since 1998.
“I just wanted to feel those two runs — I'm proud but I'm also very grateful,” Shiffrin said.
“A big thing I've been working on with my team and my psychologist is, like, you have what you need within yourself. And I can't say that for giant slalom yet. I can't always say that in the start gate. But in the start gate today, I could.”
AP Olympics: https://apnews.com/hub/milan-cortina-2026-winter-olympics
United States' Mikaela Shiffrin kisses the gold medal of the alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Marco Trovati)
United States' Mikaela Shiffrin celebrates winning the gold medal of the alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Marco Trovati)
United States' Mikaela Shiffrin shows her gold medal of the alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Robert F. Bukaty)
United States' Mikaela Shiffrin is overcome with emotion after winning an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Jacquelyn Martin)
United States' Mikaela Shiffrin, center, winner of an alpine ski, women's slalom race, celebrates with second-placed Switzerland's Camille Rast, left, and third-placed Sweden's Anna Swenn Larsson, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Andy Wong)
United States' Mikaela Shiffrin, center, winner of an alpine ski, women's slalom race, celebrates with second-placed Switzerland's Camille Rast, left, and third-placed Sweden's Anna Swenn Larsson, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Andy Wong)
United States' Mikaela Shiffrin celebrates at the finish area of an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Jacquelyn Martin)
United States' Mikaela Shiffrin, center, winner of an alpine ski, women's slalom race, is congratulated by second-placed Switzerland's Camille Rast, right, and third-placed Sweden's Anna Swenn Larsson, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Jacquelyn Martin)
United States' Mikaela Shiffrin speeds down the course during an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Robert F. Bukaty)
United States' Mikaela Shiffrin arrives at the finish area of an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Andy Wong)
United States' Mikaela Shiffrin speeds down the course during an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Marco Trovati)
United States' Mikaela Shiffrin at the finish area of an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Andy Wong)
United States' Mikaela Shiffrin at the finish area of an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Andy Wong)
United States' Mikaela Shiffrin speeds down the course during an alpine ski, women's slalom race, at the 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Wednesday, Feb. 18, 2026. (AP Photo/Marco Trovati)
