West Michigan Medical Device Company Closes On $2.5 Million Series A Round

HOLLAND — Shoulder Innovations Inc. closed on $2.5 million in a Series A equity funding round led by the Michigan Angel Fund of Ann Arbor.

The additional capital will go to support new product development and to acquire inventory and assets needed to accelerate growth of the Inset platform for future products and systems now in development.

“It is impressive that the team at Shoulder Innovations has developed truly cutting-edge and disruptive products in the orthopedic space, and they have done so in a capital efficient manner, which we love to see,” Michigan Angel Fund Managing Director Skip Simms said in a statement.

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About the Author: Mike Brennan

Founder of Michigan News Network, and serves as CEO, as well as Editor & Publisher of MITECHNEWS.COM. Brennan has worked since 1980 as a technology writer at newspapers in New York, NY, San Jose, CA., Seattle, WA., Memphis, TN., Detroit, MI., and London, England. He co-founded and served as managing editor of Pacific Rim News Service (SEATTLE), which developed a network of more than 100 freelance journalists in 17 Asia-Pacific countries.