Deep Blue Medical Advances

Deep Blue is developing a novel hernia mesh to address the unacceptably high rate of hernia occurrence and recurrence.

Business Model:

Revenue: $0

Employees: 1-10

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Detailed Deep Blue Medical Advances Information

Geographic Data

Deep Blue Medical Advances headquarters map

Address: -

City: Durham

State: NC

Zip: 27517

Country: US

Financial Info

Stage:

series a

Raised Last:

$7M

Raised Total:

$7M

Metrics

5,907,020Website Global Rank

1,398Website Monthly Traffic

Twitter Followers

Description

Deep Blue is developing a novel hernia mesh to address the unacceptably high rate of hernia occurrence and recurrence. Millions of hernia surgeries are done globally with billions of dollars in clinical cost. Their surgeon-invented mesh with integral suture-like extensions is designed to eliminate a key point of failure for conventional mesh fixation - the mesh, suture, tissue interface - and to provide superior anchor strength. In addition, Their Anchor Clip fixation device design enables faster, stronger, easier mesh implantation. Deep Blue products enhance hernia surgery with a potentially significant impact on the $1.1B global hernia device market. Due to its simple yet revolutionary design, the T-Line Mesh has the potential to reduce hernia occurrence and recurrence by preventing or reducing mesh fixation failure.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2018 Debt $295k
6/2019 Series A 2 - Tech Coast Angels
Triangle Angel Partners
Tech Coast Angels
Triangle Angel Partners
2/2021 Funding Round $3.4M
1/2018 Debt Financing $517k
6/2022 Series A $7M BayMed Venture Partners
6/2022 Series A $0 baymed venture partners
baymed venture partners
8/2018 Debt Financing $295k
6/2022 Series A 1 $7M baymed venture partners
baymed venture partners
6/2019 Series A 2 - Tech Coast Angels
Triangle Angel Partners
Tech Coast Angels
Triangle Angel Partners
Announced Date Name Price

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