Genesis Innovation Group invested in Embody through its early-stage healthcare development group cultivate(MD) Capital Fund II.
What you should know:
1. Embody created Tapestry, a collagen-based microfiber implant used for Achilles' and rotator cuff repairs.
2. The Tapestry device is still being studied. Embody hopes studies will show that Tapestry helps to minimize scarring, while accelerating postoperative rehabilitation.
3. As a result of the investment, Genesis Innovation Group CEO Rob Ball will join Embody's board.
4. Mr. Ball said, "Embody technology is built on an incredible body of research and development which utilizes powerful manufacturing technology to produce soft tissue augmentation products that provide optimal characteristics for growth of tissue. They've developed a truly unique platform that will deliver product innovation for years to come."