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Henry Ford + MSU Innovation Fund (Henry Ford Innovations)

Henry Ford Health

Editorially verified · Last reviewed August 30, 2026

Intelligence summary

Program at a Glance

Program mandate
Henry Ford Health and Michigan State University launched a joint Innovation Hub in 2025 anchored by a $10 million venture fund, the Henry Ford + MSU Innovation Fund, managed with the MSU Research Foundation. The fund invests at pre-seed through Series A in precision medicine, digital health, artificial intelligence, medical devices and remote monitoring, drawing on discoveries from both institutions.
Organizational model
Nonprofit
Location
Detroit, Michigan
Program types
Venture fundInnovation centerTechnology transfer
Commercialization pathways
LicenseInvestmentStrategic partnership
Focus areas
ClinicalArtificial intelligenceMedical deviceDiagnosticsDigitalWorkforce
Public scale or maturity signals

Established 2025

Henry Ford Health and Michigan State University launched a joint Innovation Hub in 2025 anchored by a $10 million venture fund, the Henry Ford + MSU Innovation Fund, managed with the MSU Research Foundation. The fund invests at pre-seed through Series A in precision medicine, digital health, artificial intelligence, medical devices and remote monitoring, drawing on discoveries from both institutions. It sits alongside Henry Ford Innovations, the system's long-running commercialization office, which secures intellectual property on employee inventions, structures industry partnerships and runs clinical 3D printing services. Together the two functions cover invention through capital. The fund announced its first two investments in 2026.

Documented successes: $10 million initial fund commitment announced July 2025; first two investments announced in 2026 in LightHearted AI (cardiac diagnostics) and M3D (radiation imaging); Henry Ford Innovations has supported first-in-world surgical procedures planned with 3D printed models and cardiac valve placement optimization

Official engagement route
Program website ↗Health system website ↗
Last reviewed
August 30, 2026

Mandate and remit

What This Program Does

Henry Ford Health and Michigan State University launched a joint Innovation Hub in 2025 anchored by a $10 million venture fund, the Henry Ford + MSU Innovation Fund, managed with the MSU Research Foundation. The fund invests at pre-seed through Series A in precision medicine, digital health, artificial intelligence, medical devices and remote monitoring, drawing on discoveries from both institutions. It sits alongside Henry Ford Innovations, the system's long-running commercialization office, which secures intellectual property on employee inventions, structures industry partnerships and runs clinical 3D printing services. Together the two functions cover invention through capital. The fund announced its first two investments in 2026.

Areas of Focus

ClinicalArtificial intelligenceMedical deviceDiagnosticsDigitalWorkforce

Commercialization Pathways

These routes appear in the program's sourced public record.

Venture Investment and Company Creation

Fund or office: Henry Ford + MSU Innovation Fund (Henry Ford Innovations)

Henry Ford Health and Michigan State University launched a joint Innovation Hub in 2025 anchored by a $10 million venture fund, the Henry Ford + MSU Innovation Fund, managed with the MSU Research Foundation. The fund invests at pre-seed through Series A in precision medicine, digital health, artificial intelligence, medical devices and remote monitoring, drawing on discoveries from both institutions. It sits alongside Henry Ford Innovations, the system's long-running commercialization office, which secures intellectual property on employee inventions, structures industry partnerships and runs clinical 3D printing services. Together the two functions cover invention through capital. The fund announced its first two investments in 2026.

Publicly Reported Outcomes

  • Documented successes

    $10 million initial fund commitment announced July 2025; first two investments announced in 2026 in LightHearted AI (cardiac diagnostics) and M3D (radiation imaging); Henry Ford Innovations has supported first-in-world surgical procedures planned with 3D printed models and cardiac valve placement optimization

Leadership and Structure

Organizational home: Henry Ford + MSU Innovation Fund (Henry Ford Innovations), Henry Ford Health

  • Lisa PrasadVice President and Chief Innovation Officer, Henry Ford Health

Contact the Program

Use the program's published contact route for partnership, licensing, innovation, or program inquiries.

Program email
Innovation@hfhs.org
Program phone
(313) 916-7044
Official contact page
Open contact page ↗

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Sources and Updates

Reviewed August 30, 2026. External source links open in a new tab.

  1. Henry Ford + MSU Innovation Fund (Henry Ford Innovations) official source henryford.com. Accessed August 30, 2026.
  2. Henry Ford + MSU Innovation Fund (Henry Ford Innovations) source 2 henryford.com. Accessed August 30, 2026.
  3. Henry Ford + MSU Innovation Fund (Henry Ford Innovations) source 3 msufoundation.org. Accessed August 30, 2026.
  4. Henry Ford + MSU Innovation Fund (Henry Ford Innovations) source 4 henryford.com. Accessed August 30, 2026.
  5. Henry Ford + MSU Innovation Fund (Henry Ford Innovations) source 5 henryford.com. Accessed August 30, 2026.

Confidential comparison

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