A medical device developer has created a $10-million venture capital fund to support early stage health care companies.
Holland-based Genesis Innovation Group said today it established the privately funded cultivate(MD) Capital Fund I, LLC, which will focus on medical device and orthopedic technologies.
The fully funded fund is limited to private placements and closed to the public.
The firm expects the fund to be “fully operational and actively seeking” investment opportunities by early 2018.
Image: Photo via genesisinnovationgroup.com
