Genesis Innovation Group

Genesis Innovation Group is a technology-focused firm established in 2013 and based in Grand Rapids, Michigan. It operates primarily in the orthopedic sector, identifying gaps in the marketplace to develop new technologies that enhance care for all stakeholders. Genesis emphasizes the importance of building transparent and humble partnerships with accomplished surgeons, commercial entities, and engineers. This collaborative approach extends beyond traditional research and development consulting, as the firm often engages deeply and self-finances projects to align interests and drive shared objectives. By fostering win-win relationships, Genesis aims to create significant value within the biotechnology and healthcare sectors.

R. Sean Churchill

Executive Director

9 past transactions

Embody

Series C in 2022
Embody, Inc. is a regenerative medicine company based in Norfolk, Virginia, dedicated to developing and commercializing implantable medical devices aimed at soft tissue restoration and regeneration. Founded in 2014, the company specializes in biomaterial design and bio-fabrication, focusing on collagen-based microfibers for tendon and ligament repair. Its innovative products are designed to meet the needs of warfighters, athletes, and individuals with sports injuries, utilizing a precision medicine approach to replicate the biological and biomechanical properties of native tissue. The goal of Embody is to enhance the quality of life for patients by restoring their pre-injury performance through effective healing solutions.

HAPPE Spine

Venture Round in 2021
HAPPE Spine LLC is a healthcare company based in Grand Rapids, Michigan, focused on developing and commercializing innovative material technologies for spinal implants. Incorporated in 2018, the company specializes in creating partial and fully porous hydroxyapatite reinforced polyetheretherketone (PEEK) implants. HAPPE Spine's technology enhances the mechanical properties of PEEK materials, providing improved surface textures that promote bone engagement and interconnected porosity for long-term fixation. Additionally, the bioactive properties of their implants support effective bone in-growth and on-growth, addressing various orthopedic challenges. HAPPE Spine operates as a subsidiary of Genesis Innovation Group, LLC.

Virtual Incision

Series B in 2020
Virtual Incision is focused on developing innovative surgical solutions, specifically through its miniaturized robotic support device designed for colon resection. The company's flagship product, the MIRA (Miniaturized In vivo Robotic Assistant) Platform, is a pioneering device that aims to streamline surgical procedures by allowing for quick setup in the operating room without the need for heavy equipment. This technology is intended to assist surgeons in improving clinical outcomes while also addressing healthcare costs. Virtual Incision's approach represents a significant advancement in robotic-assisted surgery, with plans for future applications beyond colon resection.

Embody

Venture Round in 2019
Embody, Inc. is a regenerative medicine company based in Norfolk, Virginia, dedicated to developing and commercializing implantable medical devices aimed at soft tissue restoration and regeneration. Founded in 2014, the company specializes in biomaterial design and bio-fabrication, focusing on collagen-based microfibers for tendon and ligament repair. Its innovative products are designed to meet the needs of warfighters, athletes, and individuals with sports injuries, utilizing a precision medicine approach to replicate the biological and biomechanical properties of native tissue. The goal of Embody is to enhance the quality of life for patients by restoring their pre-injury performance through effective healing solutions.

Shoulder Innovations

Series A in 2018
Shoulder Innovations, Inc. is a medical device company based in Holland, Michigan, specializing in orthopedic solutions for shoulder replacement surgery. Founded in 2009, the company has developed a Total Shoulder Replacement System that features innovative inset glenoid fixation technology, addressing the critical challenge of reliable fixation for glenoid implants. This technology not only enhances post-surgical implant stability, reducing the risk of revision surgeries, but also simplifies surgical instrumentation, which can lead to shorter operative times and lower costs. Shoulder Innovations markets its products through distribution partners across the United States, aiming to improve patient care and reduce overall healthcare costs.

HAPPE Spine

Seed Round in 2018
HAPPE Spine LLC is a healthcare company based in Grand Rapids, Michigan, focused on developing and commercializing innovative material technologies for spinal implants. Incorporated in 2018, the company specializes in creating partial and fully porous hydroxyapatite reinforced polyetheretherketone (PEEK) implants. HAPPE Spine's technology enhances the mechanical properties of PEEK materials, providing improved surface textures that promote bone engagement and interconnected porosity for long-term fixation. Additionally, the bioactive properties of their implants support effective bone in-growth and on-growth, addressing various orthopedic challenges. HAPPE Spine operates as a subsidiary of Genesis Innovation Group, LLC.

SafKan Health

Seed Round in 2018
SafKan, Inc. is a medical device company based in Tucson, Arizona, focused on developing and manufacturing automated ear cleaning solutions for clinical applications. Founded in 2016, the company offers the OtoSet, an FDA-cleared and wearable device designed to facilitate mess-free earwax removal. With approximately 35 million Americans affected by impacted earwax, which can lead to conductive hearing loss, the OtoSet provides a safe and effective method for addressing mild to severe earwax impactions. The device employs hygienic disposable ear tips and waste containers, allowing for both bilateral and unilateral procedures, enhancing patient comfort and ensuring a streamlined process for healthcare providers.

Shoulder Innovations

Series A in 2017
Shoulder Innovations, Inc. is a medical device company based in Holland, Michigan, specializing in orthopedic solutions for shoulder replacement surgery. Founded in 2009, the company has developed a Total Shoulder Replacement System that features innovative inset glenoid fixation technology, addressing the critical challenge of reliable fixation for glenoid implants. This technology not only enhances post-surgical implant stability, reducing the risk of revision surgeries, but also simplifies surgical instrumentation, which can lead to shorter operative times and lower costs. Shoulder Innovations markets its products through distribution partners across the United States, aiming to improve patient care and reduce overall healthcare costs.

Magnesium Development

Seed Round in 2016
Magnesium Development Company, LLC is a medical device developer based in Grand Rapids, Michigan, specializing in sports medicine orthopedics. Founded in 2014, the company focuses on innovative applications of its BioMg 250 magnesium alloy technology, which merges the strength and handling characteristics of traditional metals with the ability to fully absorb in the body. This technology addresses several challenges in surgical repairs, such as delayed resorption, mechanical failures, and complications related to existing materials. By providing solutions for soft tissue injuries in areas like the knee, shoulder, and lower extremities, Magnesium Development aims to enhance recovery outcomes and support patients' return to active lifestyles. As the demand for effective treatments in sports-related injuries continues to rise, the company’s breakthroughs in resorbable metal alloys position it as a key player in advancing orthopedic care.
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