Genesis Innovation Group‘s Cultivate(MD) Capital Fund II said that it has invested in Embody, a startup that has developed a collagen-based microfiber implant designed for use in Achilles’ and rotator cuff repairs.
Embody (Norfolk, Va.) based its Tapestry implant on research on collagen-accelerating recellularization by growing new aligned tissue over surgical repairs. The company previously received $12.1 million in DARPA funding and a research and development contract that has funded product development. Cultivate(MD) is the leader in the new $3.6M raise that is earmarked for pre-launch and pre-commercial activities for Tapestry.