Press Release

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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