Genesis Innovation Group‘s Cultivate(MD) Capital Fund II said that it has invested in Magnesium Development Company (MDC), a firm with a breakthrough magnesium (Mg) alloy technology for orthopedic use. MDC designed its technology to combine the strength and handling properties of metal with complete, controllable absorption. Its magnesium alloy may be used in multiple applications to provide appropriate […]
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Cultivate(MD) buys into Embody and its ortho injury implant
Genesis Innovation Group‘s Cultivate(MD) Capital Fund II said that it has invested in Embody, a startup that has developed a collagen-based microfiber implant designed for use in Achilles’ and rotator cuff repairs. Embody (Norfolk, Va.) based its Tapestry implant on research on collagen-accelerating recellularization by growing new aligned tissue over surgical repairs. The company previously […]
Cultivate(MD) buys into Medical Ingenuities and its PH Band hemostasis device
Genesis Innovation Group‘s Cultivate(MD) Capital Fund II said yesterday that it has invested in radial artery occlusion device developer Medical Ingenuities. Wheaton, Ill.-based Medical Ingenuities is developing the PH Band, a novel radial artery occlusion device intended to for patent hemostasis. “We are proud to announce that we just closed an investment from Genesis Innovation […]
Genesis Innovation Group launches $10m Cultivate(MD) medtech venture fund
Genesis Innovation Group said today it formed the Cultivate(MD) Capital Fund, which looks to manage $10 million to invest in early stage healthcare companies with a focus on medical device and orthopedic technologies. Holland, Mich.-based Genesis said it expects the Cultivate(MD) fund to be fully operational and seeking companies to invest in by early 2018. […]