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.
9 past transactions
Embody
Series C in 2022
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.
HAPPE Spine
Venture Round in 2021
HAPPE Spine is a medical device company that develops spinal implants using porous hydroxyapatite-reinforced PEEK to support bone ingrowth and long-term fixation. The implants feature porous structures to promote bone integration, improved surface texture for bone engagement, interconnected porosity, and markers to aid placement, with multiple sizes to match patient anatomy and imaging visibility. The company emphasizes biomechanical stability and bioactive properties to support bone healing in spinal fusion procedures, with a focus on facilitating effective, durable outcomes. HAPPE Spine is based in Grand Rapids, Michigan and operates as a subsidiary of Genesis Innovation Group.
Virtual Incision
Series B in 2020
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.
Embody
Venture Round in 2019
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.
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.
HAPPE Spine
Seed Round in 2018
HAPPE Spine is a medical device company that develops spinal implants using porous hydroxyapatite-reinforced PEEK to support bone ingrowth and long-term fixation. The implants feature porous structures to promote bone integration, improved surface texture for bone engagement, interconnected porosity, and markers to aid placement, with multiple sizes to match patient anatomy and imaging visibility. The company emphasizes biomechanical stability and bioactive properties to support bone healing in spinal fusion procedures, with a focus on facilitating effective, durable outcomes. HAPPE Spine is based in Grand Rapids, Michigan and operates as a subsidiary of Genesis Innovation Group.
SafKan Health
Seed Round in 2018
SafKan Health, founded in 2016 and based in Tucson, Arizona, specializes in the development and manufacturing of automated ear cleaning devices for clinical applications. Its flagship product, OtoSet, is the first automated ear cleaning device to receive FDA clearance, addressing the needs of the 35 million Americans affected by impacted earwax, a common cause of conductive hearing loss. OtoSet offers a hygienic and mess-free solution for earwax removal, featuring disposable ear tips and waste containers. The device is designed to perform both bilateral and unilateral procedures, allowing for effective removal of mild to severe earwax impactions, thereby providing patients with a safe and efficient tool for ear care.
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.
Magnesium Development Company
Seed Round in 2016
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.
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