New $30M VC fund aims to get medical devices to marketNew $30M VC fund aims to get medical devices to market
This is an article about portfolio company, Shoulder Innovations
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-based Genesis Innovation Group LLC’s Cultivate(MD) Capital Accelerator Fund GP LLC has so far raised $7.75 million from 44 investors toward a $30 million goal, according to a May 5 regulatory filing with the U.S. Securities and Exchange Commission.
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