New $30M VC fund aims to get medical devices to marketNew $30M VC fund aims to get medical devices to market

May 23, 2021

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.

View source version on mibiz.com: https://mibiz.com/sections/finance/new-30m-vc-fund-aims-to-get-medical-devices-to-market