Displaying items tagged: Genesis Innovation Group LLC

GRAND RAPIDS — A startup company backed by West Michigan investors wants to reduce costs at hospitals and outpatient surgical centers by centralizing and managing their sterile processing for surgical instruments.

A Grand Rapids medical device startup aims to launch into the market in early 2023 with a new material for spinal and orthopedic implants.

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.

GRAND RAPIDS — New capital investments involving existing investors will bring two health care startups backed by Genesis Innovation Group LLC closer to the market.

Genesis Innovation Group LLC and its affiliated venture capital funds invested in HAPPE Spine LLC, a Grand Rapids startup developing and commercializing a material for orthopedic implants.

Cultivate(MD) Capital Fund II LP, a venture capital fund operated by Grand Rapids-based Genesis Innovation Group, invested in Embody Inc., a Norfolk, Va. company that developed a collagen-based micro-fiber implant for Achilles’ heel and rotator cuff repairs.

HOLLAND — Venture capital fund Cultivate(MD) Capital Fund II LP invested in SpinTech Inc., a Detroit-based startup that developed a suite of software for brain scan MRIs.

Against the backdrop of West Michigan’s nascent medical device industry and an expanding array of resources, high-tech health care startups are finding the tools they need to start and grow their businesses in the region.

HOLLAND — Venture capital fund Cultivate(MD) Capital Fund II LP of Holland has invested in Medical Ingenuities LLC, a Wheaton, Ill.-based early-stage medical device company.

Here is the MiBiz Growth Report for July 23, 2018.

HOLLAND — The organizers behind the new cultivate(MD) Capital Fund GP LLC found backers by appealing to their own global professional networks and investors with whom they had previously done business.

A Holland-based venture capital firm closed last week on $7.2 million of the $10 million it seeks to raise to invest in health care startups

Many executives at companies in West Michigan’s medical device supply chain came out of the automotive industry only to find they’re facing all-too-familiar challenges in their current roles.

HOLLAND — With $600,000 in new capital, a West Michigan startup plans to fund an upcoming human clinical trial for its medical device technology.

HOLLAND — Partners in a firm that invests in medical device innovations are considering forming a new $10 million venture capital fund to back early-stage health care startups, MiBiz has learned.

HOLLAND — A West Michigan firm that invests in medical device companies has completed a capital raise of more than $1.1 million.

HOLLAND — Backed by a new $1 million round of funding, Shoulder Innovations Inc. plans to market its implant technology more aggressively to surgeons and health systems.

PORT SHELDON — A biotech startup will use $1 million in capital to pay for preclinical trials on an innovation it has developed for use in orthopedic surgeries.