Press Release

SpinTechMRI and Cultivate news and press release

culivate(MD) Capital Funds Announces Lead Participation in Portfolio Company SpinTech MRI’s Series A Financing

Grand Rapids, MI, July 25th, 2022 — Genesis Innovation Group’s 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, Bingham Farms, MI based SpinTech MRI announced a $6.5 million Series A financing.

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culivate(MD) Capital Funds Announces Portfolio Company Embody, Inc.’s FDA 510(k) Clearance for TAPESTRY® RC Rotator Cuff Repair System

Grand Rapids, MI, June 06, 2022 — Genesis Innovation Group’s 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. has received FDA 510(k) clearance for theirTAPESTRY® RC System for Rotator Cuff Repair.  

culivate(MD) Capital Funds Announces Portfolio Company Embody, Inc.’s FDA 510(k) Clearance for TAPESTRY® RC Rotator Cuff Repair System Read More »

Virtual Incision robotic surgery ide

Virtual Incision Announces Approval to Complete Clinical Study Enrollment for its MIRA® Platform

FDA decision supported by an interim clinical study report on patient safety Lincoln, Neb. – April 19, 2022 – Virtual Incision Corporation, a medical device company pioneering the world’s first miniaturized robotic-assisted surgery (RAS) platform, today announced the U.S. Food and Drug Administration (FDA) has approved an Investigational Device Exemption (IDE) supplement to complete the

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Shoulder Innovations

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

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

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

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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SpinTechMRI and Cultivate news and press release

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

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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