Cultivate(MD)

Cultivate(MD) is a venture capital firm focused on medical devices and technology, founded in 2017 and based in Grand Rapids, Michigan. It concentrates on early-stage healthcare investments, with particular emphasis on medical devices and orthopedic technologies.

16 past transactions

Prana Thoracic

Venture Round in 2024
Prana Thoracic is a Houston-based medical device company developing tools to enable early diagnosis and minimally invasive treatment of lung cancer. Founded by surgeons, engineers, and entrepreneurs, the company aims to improve outcomes by making it easier to manage suspicious lung nodules and obtain definitive tissue for diagnosis, using tissue-sparing surgical instruments capable of capturing nodules and sealing tissue during minimally invasive procedures.

Nanochon

Seed Round in 2024
Nanochon is developing an implantable, 3D-printed cartilage implant designed to replace damaged cartilage and promote new tissue growth in joints, with a focus on knee damage. The device combines 3D printing and a novel nanomaterial to enable on-demand, cost-effective solutions intended to restore joint function and improve outcomes for young and active patients.

Nanochon

Venture Round in 2023
Nanochon is developing an implantable, 3D-printed cartilage implant designed to replace damaged cartilage and promote new tissue growth in joints, with a focus on knee damage. The device combines 3D printing and a novel nanomaterial to enable on-demand, cost-effective solutions intended to restore joint function and improve outcomes for young and active patients.

Virtual Incision

Series C in 2023
Virtual Incision is a medical technology company focused on developing innovative robotic-assisted surgical devices, specifically targeting colon resection. The company has created the MIRA (Miniaturized In vivo Robotic Assistant) Platform, which is a pioneering miniaturized surgical robotic support device. This platform allows for efficient operating room setups in minutes, eliminating the need for cumbersome equipment handling such as draping or docking. By enhancing the surgical process, Virtual Incision aims to improve clinical outcomes while also addressing healthcare costs, positioning itself as a leader in the field of robotic-assisted surgery.

SentiAR

Series B in 2023
SentiAR is a digital health software company developing a 3D augmented reality holographic platform that provides real-time visualization of a patient’s anatomy and catheter location during interventional procedures. Spun out from Washington University, it uses real-time mapping data and imaging from CT/MRI to render holographic views over the patient in the catheterization laboratory, with clinician-controlled visualization. The platform aims to improve precision and safety in procedures addressing cardiac arrhythmias. The company focuses on delivering an immersive visualization solution for interventional cardiology and related specialties.

Shoulder Innovations

Series D in 2023
Shoulder Innovations designs and manufactures medical devices for shoulder replacement surgery, focusing on inset glenoid fixation technology to provide a stable glenoid platform and reliable fixation. Its product portfolio includes InSet Total Shoulder Arthroplasty, InSet Reverse Shoulder Arthroplasty, ProVoyance Shoulder Planning Software, and InSet Tray System, along with associated instrumentation. The company distributes its products through partners in the United States and aims to reduce operative time and overall healthcare costs while improving post-surgical implant stability. Founded in 2009, the company is based in Holland, Michigan.

SpinTech MRI

Series A in 2022
SpinTech MRI is a developer of an advanced MRI imaging software platform designed to significantly reduce the time required for brain imaging while enhancing the visualization and automatic detection of critical biomarkers for neurological conditions. These conditions include traumatic brain injury, dementia, Parkinson's disease, multiple sclerosis, and stroke, which often go undetected with existing methods. By transforming advanced research techniques into practical clinical applications, SpinTech MRI's platform integrates seamlessly with virtually any MRI machine to provide standardized, high-quality images and quantitative biomarkers. This innovative approach aids clinicians in detecting microbleeds and quantifying neuromelanin content, ultimately improving patient outcomes and maximizing the return on investment for expensive imaging equipment. The team comprises physicists, engineers, and entrepreneurs dedicated to advancing imaging technology for patients suffering from neurological diseases.

Strados Labs

Seed Round in 2021
Strados Labs, LLC is a medical technology company based in Philadelphia, Pennsylvania, specializing in respiratory health management through innovative sensor-based solutions. Founded in 2016, the company has developed a wearable device that provides real-time insights into breathing patterns, sounds, and speed. This device is equipped with clinical-grade biosensors and smart software, allowing for continuous monitoring of respiratory conditions such as asthma and chronic obstructive pulmonary disease. By connecting to a mobile application, Strados enables users and healthcare providers to access and analyze respiratory data, facilitating informed health decisions and remote patient monitoring.

Deepstash

Seed Round in 2020
Deepstash is a knowledge platform that helps users find, condense, and organize ideas from online content. It curates bite-sized insights from articles, videos, and podcasts, presenting them as digestible notes that can be saved, categorized, and shared with others. The service supports personal learning, skill development, and productivity by delivering concise aha moments and life hacks. It fosters a community of users who practice stashing ideas and insights, with access via mobile apps and the web.

Embody

Series A in 2020
Founded in 2014, Embody is a regenerative medicine company specializing in the development and commercialization of implantable medical devices for soft tissue restoration and regeneration. Its primary focus is on collagen-based microfiber implants designed specifically for tendon and ligament repair, targeting warfighters, athletes, and individuals suffering from sports injuries.

Genesis Software Innovations

Seed Round in 2019
Genesis Software Innovations develops innovative and integrated software tools focused around surgical centers in the orthopedic space. The company's vision is to create great software tools that give medical professionals the information they need to produce repeatedly excellent, surgical results.

Magnesium Development Company

Series A in 2019
Magnesium Development Company develops medical devices for sports medicine and orthopedics, focusing on resorbable magnesium alloy technology. Its BioMg 250 alloy combines metal strength and handling with complete absorption for use in shoulder and foot and ankle repair. The technology targets challenges in surgical repair such as delayed resorption, debris, imaging issues, and mechanical failure, while potentially promoting bone growth to support faster return to activity. Founded in 2014 and based in Grand Rapids, Michigan, the company aims to provide devices that deliver predictable resorption and reliable support for active patients.

SpinTech MRI

Venture Round in 2018
SpinTech MRI is a developer of an advanced MRI imaging software platform designed to significantly reduce the time required for brain imaging while enhancing the visualization and automatic detection of critical biomarkers for neurological conditions. These conditions include traumatic brain injury, dementia, Parkinson's disease, multiple sclerosis, and stroke, which often go undetected with existing methods. By transforming advanced research techniques into practical clinical applications, SpinTech MRI's platform integrates seamlessly with virtually any MRI machine to provide standardized, high-quality images and quantitative biomarkers. This innovative approach aids clinicians in detecting microbleeds and quantifying neuromelanin content, ultimately improving patient outcomes and maximizing the return on investment for expensive imaging equipment. The team comprises physicists, engineers, and entrepreneurs dedicated to advancing imaging technology for patients suffering from neurological diseases.

Medical Ingenuities

Venture Round in 2018
Medical Ingenuities develops and markets a radial artery occlusion prevention device, the PH Band. The system provides real-time feedback on radial artery patency after trans-radial procedures, using Doppler cues to indicate ongoing antegrade flow and help clinicians prevent occlusion, reduce complications, and streamline post-procedure care. The company is based in Wheaton, Illinois.

Shoulder Innovations

Series A in 2018
Shoulder Innovations designs and manufactures medical devices for shoulder replacement surgery, focusing on inset glenoid fixation technology to provide a stable glenoid platform and reliable fixation. Its product portfolio includes InSet Total Shoulder Arthroplasty, InSet Reverse Shoulder Arthroplasty, ProVoyance Shoulder Planning Software, and InSet Tray System, along with associated instrumentation. The company distributes its products through partners in the United States and aims to reduce operative time and overall healthcare costs while improving post-surgical implant stability. Founded in 2009, the company is based in Holland, Michigan.

Shoulder Innovations

Series A in 2017
Shoulder Innovations designs and manufactures medical devices for shoulder replacement surgery, focusing on inset glenoid fixation technology to provide a stable glenoid platform and reliable fixation. Its product portfolio includes InSet Total Shoulder Arthroplasty, InSet Reverse Shoulder Arthroplasty, ProVoyance Shoulder Planning Software, and InSet Tray System, along with associated instrumentation. The company distributes its products through partners in the United States and aims to reduce operative time and overall healthcare costs while improving post-surgical implant stability. Founded in 2009, the company is based in Holland, Michigan.
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