March 10, 2023

Global Brain has invested in Shoulder Innovations, Inc., a medical device company that develops the shoulder replacement implant system

Global Brain has invested in Shoulder Innovations, Inc. (Shoulder Innovations), a medical device development company that designs and commercializes innovative products such as the shoulder replacement implant system, through its 321FORCE Global Innovation Fund L.P. (321FORCE™).

Shoulder Innovations is a medical device development company that designs and commercializes innovative products which demonstrate the potential for improved patient care and reduced overall cost to the healthcare system. Leveraging its breakthrough, patented, InSet™ Glenoid design, Shoulder Innovations is commercializing a shoulder replacement implant system focused on improving outcomes related to the greatest cause of shoulder replacement failure: glenoid loosening.

Global Brain highly recognizes Shoulder Innovations’ business, its experienced management team, and board of directors from top-tier VCs, thus has decided to invest in the company. We will contribute to the business growth of Shoulder Innovations in cooperation with Mitsui Chemicals, Inc.

About Shoulder Innovations

Location
Michigan, US
CEO
Robert Ball
Founded
2009
URL
https://shoulderinnovations.com/

About 321FORCE™

Name
321FORCE Global Innovation Fund L.P.
General Partner
Global Brain Corporation
Fund Size
JPY 5 billion
Fund Term
10 years

About Global Brain

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January 1998
URL
https://globalbrains.com/

The Global Brain mark is a registered trademark of Global Brain Corporation. Other marks and trade names are the property of their respective owners.