Shoulder Innovations secures $45 million debt facility via Trinity

By Marisa Wong

Los Angeles, Aug. 22 – Shoulder Innovations Inc. said it secured a $45 million debt facility in partnership with Trinity Capital.

This is in addition to the company’s recent $42 million series D equity financing that closed earlier this year.

The company said that following the successful launch of its InSet Shoulder Arthroplasty platform, this additional capital will support its efforts to rapidly expand both commercial and technology initiatives.

Shoulder Innovations is a Grand Rapids, Mich.-based medical device development company focused on the shoulder replacement implant market.

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