Press Release

Shoulder Innovations

Shoulder Innovations Announces Securing of a $45M Debt Facility

Grand Rapids, Mich., August 22nd, 2023 — Shoulder Innovations Inc. (SI), a Grand Rapids, Michigan-based leader in the shoulder replacement implant market, announced securing of a $45M debt facility in partnership with Trinity Capital. This is in addition to SI’s recent $42M Series D equity financing, which closed earlier this year. Following the successful launch of its highly […]

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HAPPE Spine cultivate(MD) news

HAPPE Spine Announces First Clinical Use of the INTEGRATE®-C Interbody Fusion System

Grand Rapids, Mich., August 14, 2023—HAPPE Spine announces that the first clinical case with the INTEGRATE®-C Interbody Fusion System was completed by co-inventor and neurosurgeon Dr. Stephen Smith, MD, at the Beacon Health System – Memorial Hospital in South Bend, Indiana. Dr. Smith said, “The Integrate-C handled extremely well and went right to work. The

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Virtual Incision cultivate(MD)

cultivate (MD) Capital Funds Portfolio Company Virtual Incision Submits FDA De Novo Request for Market Authorization of MIRA

Grand Rapids, Mich., May 22, 2023— cultivate(MD) Capital Funds LP, funds that are focused on investments into early-stage healthcare companies with innovative technologies, announced today that one of their portfolio companies, Lincoln, Nebraska-based Virtual Incision Corporation, has submitted a De Novo request to the U.S. Food and Drug Administration (FDA) to market its MIRA Surgical

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Shoulder Innovations

Shoulder Innovations Announces Additional Patent for Inset™ Reverse Shoulder System

Grand Rapids, Mich., April 27th, 2023 Shoulder Innovations Inc. (SI), a Grand Rapids, Michigan based leader in the shoulder replacement implant market, announced today that in addition to its already robust portfolio of issued intellectual property, SI has received a first notice of allowance from the United States Patent and Trademark Office (USPTO) for the

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SentiAR is a cultivate(MD) portfolio company

SentiAR Announces Close of $8.5 million Series B Financing

Expand Partnerships and Clinical Deployments St. Louis, Missouri, April 11th, 2023 — SentiAR, Inc. a St. Louis, Missouri based pioneer in using Augmented Reality (AR) visualization technology for medical procedures, has closed an $8.5 million Series B financing. The financing was led by cultivate (MD) Ventures and joined by MedVenture Partners alongside several insider investors,

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Shoulder Innovations

Shoulder Innovations Announces Oversubscribed $42 million Series D Financing

Grand Rapids, Mich., March 6, 2023 — Shoulder Innovations Inc. (SI), a Grand Rapids, Michigan based leader in the shoulder replacement implant market, announced closing on an oversubscribed $42 million Series D financing. SI is a privately-held medical device company with a broad team of successful innovators in the shoulder space. The financing was led by Gilde Healthcare Partners, a

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cultivate(MD) SPDx news

cultivate(MD) Capital Funds Portfolio Company SPDx (Sterile Processing Express) Announces Julius Heil As CEO

Grand Rapids, Mich., March 1, 2023 — cultivate(MD) Capital Funds LP, funds that are focused on investments into early-stage healthcare companies with innovative technologies, announced today that one of their portfolio companies, Grand Rapids-based SPDx has hired Julius Heil in the role of CEO. Mr. Heil brings over 30 years’ experience in healthcare and logistics

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Virtual Incision cultivate(MD)

cultivate (MD) Capital Funds Portfolio Company Virtual Incision Announces Completion of Clinical Study Enrollment for its MIRA® Platform

FDA decision supported by an interim clinical study report on patient safety Grand Rapids, Mich., February 28, 2023— cultivate(MD) Capital Funds LP, funds that are focused on investments into early-stage healthcare companies with innovative technologies, announced today that one of their portfolio companies, Lincoln, Nebraska-based Virtual Incision Corporation, has completed its U.S. Food and Drug

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embody cultivate(MD) news

cultivate(MD) Capital Funds Announces Portfolio Company Embody’s Acquisition by Zimmer Biomet Holdings, Inc.

Grand Rapids, Mich., January 10th, 2023 — cultivate(MD) Capital Funds LP, funds that are focused on investments into early-stage healthcare companies with innovative technologies, announced today that one of their portfolio companies, Norfolk, VA-based Embody, Inc., a privately held medical device company focused on soft tissue healing,  has reached an agreement with Zimmer Biomet Holdings, Inc., a global

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