Magnesium Development Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 2

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 2

Magnesium Development General Information

Description

Developer of medical devices designed to meet the surgical needs of doctors. The company's medical devices use metal alloy technology, combining the strength and handling properties of metal with complete absorption for application in sports medicine and orthopedics, enabling patients to get advanced treatment for their pain, which aids them in getting fit early.

Contact Information

Website
www.magnesiumdevelopment.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 220 Lyon North West
  • Suite 500
  • Grand Rapids, MI 49503
  • United States
+1 (833)
Primary Industry
Medical Supplies
Other Industries
Other Devices and Supplies
Vertical(s)
HealthTech
Corporate Office
  • 220 Lyon North West
  • Suite 500
  • Grand Rapids, MI 49503
  • United States
+1 (833)

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Magnesium Development Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Secondary Transaction - Private 01-Jan-2026 Completed Generating Revenue
2. Later Stage VC (Series A) 19-Feb-2019 Completed Generating Revenue
1. Angel (individual) 01-Oct-2014 $200K $200K Completed Startup
To view Magnesium Development’s complete valuation and funding history, request access »

Magnesium Development Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Magnesium Development Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-1998169-A Alloy Inactive 04-Oct-1933

Magnesium Development Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Magnesium Development Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Biosciences Research and Commercialization Center Venture Capital Minority
Cultivate(MD) Venture Capital Minority
To view Magnesium Development’s complete investors history, request access »

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Magnesium Development FAQs

  • When was Magnesium Development founded?

    Magnesium Development was founded in 2014.

  • Where is Magnesium Development headquartered?

    Magnesium Development is headquartered in Grand Rapids, MI.

  • What is the size of Magnesium Development?

    Magnesium Development has 2 total employees.

  • What industry is Magnesium Development in?

    Magnesium Development’s primary industry is Medical Supplies.

  • Is Magnesium Development a private or public company?

    Magnesium Development is a Private company.

  • What is Magnesium Development’s current revenue?

    The current revenue for Magnesium Development is .

  • How much funding has Magnesium Development raised over time?

    Magnesium Development has raised $2.65M.

  • Who are Magnesium Development’s investors?

    Biosciences Research and Commercialization Center and Cultivate(MD) have invested in Magnesium Development.

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