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Shoulder Innovations Announces FDA Clearance of New InSet™ Stemless Humeral Implant

Press Release / March 14, 2022

GRAND RAPIDS, Mich., March 14, 2022—Shoulder Innovations Inc., (SI), a leading innovator in the development of shoulder replacement systems, announces the FDA Clearance of their latest component of the InSetTM Total Shoulder System, the InSetTM Stemless Humeral System. The InSetTM Stemless implant is the latest addition to the innovative and integrated InSetTM system, which already includes the successful InSet™ Glenoid, Humeral Short Stem and […]

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Magnesium Development Company Announces FDA Breakthrough Device Designation for Resorbable HC Screw

Press Release / January 24, 2022

Grand Rapids, Mich., January 24, 2022– Magnesium Development Company (MDC), a company with an innovative magnesium (Mg) alloy technology set out to solve what seemed to be an unsolvable problem: the need for a material for use in multiple orthopedic applications that provides appropriate strength for a given indication while not interfering with imaging or requiring

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Strados Labs, Growing Medtech Company, Raises $4.5M in Pre-series A Funding Round

News / January 7, 2022

Strados Labs, a medical technology company harnessing the power of smart sensors, machine learning and proprietary algorithms to provide early detection and predictions of worsening respiratory diseases, today announced its pre-series A round of funding at $4.5M. Investors in the round included SOSV, cultivate(MD), Wavemaker360 Health, Blu Venture Investors and Broad Street Angels.

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cultivate(MD) Capital Funds Announces Virtual Incision’s Closing on $46 Million in Financing

Press Release / December 1, 2021

Grand Rapids, MI. – December 1st, 2021 – Genesis Innovation Group’s cultivate(MD) Capital Funds announces that one of their portfolio companies, Virtual Incision Corporation, a medical device company pioneering first-of-its-kind miniaturized robots for laparoscopic surgery, has raised $46 million in a Series C funding round. The round was led by Endeavour Vision and Baird Capital, with significant

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Virtual Incision Announces $46 Million Financing to Advance First-of-its-Kind MIRA Surgical Platform

News / November 30, 2021

Lincoln, Neb., and Pleasanton, Calif. – November 30, 2021 – Virtual Incision Corporation, a medical device company pioneering first-of-its-kind miniaturized robots for laparoscopic surgery, today announced it has raised $46 million in a Series C funding round. In addition to cultivate(MD) being a key investor in this Series C, Genesis Innovation Group also helped play

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HAPPE Spine Announces Close Of $3.35 Million Round In Series A Investment

Press Release / November 8, 2021

HAPPE Spine announces that it has closed on a $3.35 million Series A capital raise.

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World’s First Surgery Using Virtual Incision’s MIRA Miniature Robotic System Performed at Bryan Medical Center in Lincoln, Nebraska

Press Release / August 16, 2021

Company Begins IDE Study, Advancing Goal of Bringing Robotically Assisted Surgery to Any U.S. Hospital or Ambulatory Surgery Center

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SpinTechMRI and Cultivate news and press release

SpinTech Receives FDA 510(K) Clearance for STAGE™ Technology

Press Release / August 9, 2021

HOLLAND, Mich., August 9th, 2021—Genesis Innovation Group’s cultivate(MD) Capital Fund II LP, a fund focused on investments into early-stage healthcare companies with innovative technologies, announced today that one of their portfolio companies, SpinTech, has received FDA 510(k) clearance for their STAGE™ magnetic resonance imaging software. SpinTech is a privately-held medical device company at the frontier

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New $30M VC fund aims to get medical devices to market

News / May 26, 2021

GRAND RAPIDS — A venture capital firm that invests in medical device technologies wants to raise $30 million for a new fund to support portfolio companies progressing with commercializing their innovations.

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cultivate(MD) Announces Investment Into Medical Ingenuities

Press Release / May 24, 2021

HOLLAND, Mich., May 24, 2021 – Genesis Innovation Group\’s cultivate(MD) Seed II Fund, a fund focused on investments into early-stage healthcare companies with innovative technologies, announces that one of their portfolio companies, Wheaton, IL-based Medical Ingenuities, LLC, a medical device company that has developed a novel PH Band™ radial artery occlusion device, has closed its

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