A lakeshore medical device tech startup has closed an oversubscribed $1.125 million capital fundraising round.
Holland-based Genesis Innovation Group LLC, a developer of medical device technologies, has now raised more than $2.35 million since its inception in 2013. The group, comprising medical device industry veterans, currently is working on six new technologies in various stages of development and intends to use the funds to continue growing its portfolio via new product development and strategic product acquisitions.