
cultivate(MD) is a medical device venture capital firm based in Grand Rapids, Michigan, investing in early-stage healthcare and medical device companies with technologies that improve patient outcomes and reduce healthcare costs.
57% of their portfolio is in Healthcare. They made 1 investment in the last 12 months. Their most common stage is series-a (43% of deals). Average disclosed round size is $10.0M (across 18 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $4.1M | Jan 2026 | |
| PPrana Thoracic | Series A | $3M | Aug 2024 |
| Series A | $3M | Aug 2024 | |
| YYoona International Pte. Ltd. | Seed | — | Nov 2023 |
| Series C | $30M | Sep 2023 | |
| Series C | $30M | Sep 2023 | |
| Series A | $3M | Jan 2023 | |
| SSpinTech | Series A | $6.5M | Jan 2023 |
| Unknown | $30M | Jan 2023 | |
| EEmbody, Inc. | Series C | $10.4M | Sep 2022 |
| Seed | $4.5M | Jan 2022 | |
| Series A | $4.5M | Jan 2022 | |
| Series C | — | May 2021 | |
| Seed | — | Dec 2020 | |
| Series B | $20M | Jan 2020 | |
| EEmbody, Inc. | Series A | $9.3M | Jan 2014 |
| Series B | $8.5M | — | |
| MMagnesium Development | Unknown | $1M | — |
| SSpinTech MRI | Series A | $6.5M | — |
| PPrana Surgical | Series A | $3M | — |
| Series A | $2.5M | — |
Top Co-Investors
Baird5 shared
Bluestem Capital Company5 shared
Endeavour Vision4 shared
SOSV2 shared
Johnson & Johnson Innovation2 shared
Rubio Impact Ventures2 shared
Blu Ventures1 shared
Wavemaker Three-Sixty Health1 shared
GapMinder1 shared
Context Ventures1 shared
CyberAgent Capital1 shared
Service Provider Capital1 shared
SHS1 shared
Rev1 Ventures1 shared
TMC Venture Fund1 shared
Gilde Healthcare1 shared
Global Brain Corporation1 shared
Last updated: 20 October 2026