Author name: cultivate(MD)

Virtual Incision cultivate(MD)

cultivate(MD) Announces Portfolio Company, Virtual Incision Corporation, Appoints Jim Alecxih as Chief Executive Officer 

Press Release /

GRAND RAPIDS, MI – June 24, 2025 – cultivate(MD), a leading medical device venture capital company, is pleased to announce that its portfolio company, Virtual Incision Corporation, the developer of the MIRA Surgical System authorized by the FDA through the De Novo regulatory pathway, has appointed Jim Alecxih as chief executive officer. Alecxih, a recognized commercial leader in the medical device industry, […]

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HAPPE Spine MTI news

HAPPE Spine Selected for MedTech Innovator 2025 Accelerator Cohort

News /

We’re proud to share that HAPPE Spine, a portfolio company of cultivate(MD), has been selected for the MedTech Innovator 2025 Accelerator Cohort, an honor reserved for the top 4% of nearly 1,500 global applicants. This recognition reflects both the strength of HAPPE’s mission and the game-changing potential of their breakthrough spinal implant technology. MedTech Innovator

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SPDx cultivate(MD) news

cultivate(MD) Announces Acquisition of Portfolio Company SPDx by Instrumentum

Press Release /

Grand Rapids, MI – June 11, 2025 – cultivate(MD), a leading medical device venture capital company, is pleased to announce the acquisition of its portfolio company, Sterile Processing Express (SPDx), by Instrumentum, LLC, a fast-growing leader in surgical instrument sterilization services.  This strategic acquisition expands Instrumentum’s operational footprint to five facilities across four states, significantly enhancing its capacity

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Virtual Incision cultivate(MD)

Virtual Incision to Explore Nvidia AI for Surgical Robotics

News /

Virtual Incision, a cultivate(MD) portfolio company, has announced plans to explore the use of Nvidia Isaac for Healthcare to advance next-generation surgical robotics. The company intends to harness the digital twin framework and robotic learning tools provided by Nvidia. This integration could enable the creation of highly detailed virtual environments to simulate complex surgical procedures

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Shoulder Innovations

Shoulder Innovations Announces Closing of $40 Million Series E Equity Financing 

Press Release /

Grand Rapids, MI – March 10, 2025 – Shoulder Innovations, a cultivate(MD) portfolio company, and a leader in shoulder replacement technology, today announced the closing of a $40 million Series E equity financing round. The financing was led by existing investor U.S. Venture Partners (USVP), with support from additional existing investors including Gilde Healthcare Partners, Gilmartin Capital,

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strados cultivemd news

Strados Labs Collaborates with Beth Israel Deaconess Medical Center for Innovative Study in Pulmonary Edema

News /

Strados Labs, a cultivate(MD) portfolio company announced a new collaboration with Beth Israel Deaconess Medical Center (BIDMC). The upcoming study will evaluate the use of Strados Labs’ RESP® Biosensor, an FDA-cleared wearable stethoscope technology, for the early detection of pulmonary edema in critically ill patients on mechanical ventilation (MV). This pilot study is scheduled to

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Prana Thoracic is a cultivate(MD) portfolio company

cultivate(MD) Invests in Prana Thoracic

Press Release /

Grand Rapids, MI – August 12, 2024 – cultivate(MD), a leading medical device venture capital company announced today its participation in the successful Series A extension round of Prana Thoracic, a Houston-based medtech startup.  The round, which was oversubscribed by 30%, secured an additional $3 million, bringing Prana Thoracic’s total funding to $9 million. This achievement underscores the

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Shoulder Innovations

Shoulder Innovations Further Strengthens IP Portfolio in Key Areas with Recent Patent Grants

Press Release /

Grand Rapids, MI – July 24, 2024 – Shoulder Innovations, a cultivate(MD) portfolio company and leader in shoulder replacement technology, today announced the United States Patent and Trademark Office (USPTO) has granted nine new patents over the past 18 months that significantly expand the Company’s intellectual property portfolio. The newly granted patents cover key areas within

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