About Deep Blue Medical Advance
Deep Blue Medical Advance is a company based in Durham (United States) founded in 2015.. Deep Blue Medical Advance has raised $18.12 million across 10 funding rounds from investors including HHS, NCBiotech and BayMed Venture Partners. Deep Blue Medical Advance offers products and services including T-LINE® Hernia Mesh, T-Line® TCS, and Anchor Clips. Deep Blue Medical Advance operates in a competitive market with competitors including TELA Bio, Via Surgical, Ariste Medical, Polytouch Medical and ArTack Medical, among others.
- Headquarter Durham, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Deep Blue Medical Advances, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.12 M (USD)
in 10 rounds
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Latest Funding Round
$5.26 M (USD), Series A
Sep 09, 2025
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Investors
HHS
& 2 more
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Employee Count
Employee Count
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Products & Services of Deep Blue Medical Advance
Deep Blue Medical Advance offers a comprehensive portfolio of products and services, including T-LINE® Hernia Mesh, T-Line® TCS, and Anchor Clips. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for reinforcing tissue and reducing hernia recurrence.
Suture for quicker, safer procedures with less tissue stress.
Clips for faster implantation in hernia surgeries.
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Funding Insights of Deep Blue Medical Advance
Deep Blue Medical Advance has successfully raised a total of $18.12M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $5.26 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series A — $5.3M
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First Round
First Round
(12 Apr 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - Deep Blue Medical Advance | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - Deep Blue Medical Advance | Valuation |
investors |
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| Feb, 2021 | Amount | Series A - Deep Blue Medical Advance | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deep Blue Medical Advance
Deep Blue Medical Advance has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, NCBiotech and BayMed Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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BayMed Venture Partners is focused on investing in early-stage medical device and digital health companies.
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Founded Year | Domain | Location | |
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Biotech startups are incubated and funded in North Carolina.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deep Blue Medical Advance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Deep Blue Medical Advance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deep Blue Medical Advance Comparisons
Competitors of Deep Blue Medical Advance
Deep Blue Medical Advance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TELA Bio, Via Surgical, Ariste Medical, Polytouch Medical and ArTack Medical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of surgical devices for vertical hernia repair and abdominal wall reconstruction
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| domain | founded_year | HQ Location |
Transfascial suture fixation devices for hernia repair are provided.
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| domain | founded_year | HQ Location |
Drug-eluting surgical implants are developed to prevent device failure.
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| domain | founded_year | HQ Location |
Laproscopic soft tissue prosthetic placement solutions
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| domain | founded_year | HQ Location |
Specializes in manufacturing hernia mesh fixation devices for medical applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deep Blue Medical Advance
Frequently Asked Questions about Deep Blue Medical Advance
When was Deep Blue Medical Advance founded?
Deep Blue Medical Advance was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Deep Blue Medical Advance located?
Deep Blue Medical Advance is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is Deep Blue Medical Advance a funded company?
Deep Blue Medical Advance is a funded company, having raised a total of $18.12M across 10 funding rounds to date. The company's 1st funding round was a Series A of $3.44M, raised on Apr 12, 2017.
What does Deep Blue Medical Advance do?
Deep Blue Medical Advance was founded in 2015 and is based in Durham, United States. Operations focus on the medical device sector, where hernia mesh products such as the T-Line mesh and Anchor Clips are developed. These devices aim to lower rates of hernia occurrence and recurrence through targeted surgical applications. The company addresses ongoing challenges in hernia repair within the healthcare industry.
Who are the top competitors of Deep Blue Medical Advance?
Deep Blue Medical Advance's top competitors include TELA Bio, Via Surgical and Ariste Medical.
What products or services does Deep Blue Medical Advance offer?
Deep Blue Medical Advance offers T-LINE® Hernia Mesh, T-Line® TCS, and Anchor Clips.
Who are Deep Blue Medical Advance's investors?
Deep Blue Medical Advance has 3 investors. Key investors include HHS, NCBiotech, and BayMed Venture Partners.