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Tepha

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Medical device firm developing and commercializing a new class of absorbable biomaterials to be used in surgical procedures

Lexington, United StatesFounded 1998Biotech & Life Sciences
Valuation $25–50M Last recorded · 2007
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Tepha

Tepha, Inc., established in 1998 and headquartered in Lexington, MA, operates as a developer and manufacturer of medical devices focused on the biomaterials market. The company was founded by Dr. A. Anthony Sinskey and originated as a spin-off from Metabolix, Inc., holding exclusive licenses for technology initially developed at the Massachusetts Institute of Technology (MIT). In July 2021, the firm was acquired by Becton, Dickinson and Company (BD), a global medical technology company, marking a strategic move for BD to vertically integrate a key supply chain component and expand its capabilities in the surgical mesh market.

Tepha's core business revolves around its proprietary resorbable polymer, Poly-4-hydroxybutyrate (P4HB), which is produced via a patented recombinant DNA technology and fermentation process. This technology allows for the creation of a portfolio of bioabsorbable medical devices with tailored mechanical properties and degradation rates to support the body's natural healing process. The business model is centered on developing, manufacturing, and supplying these P4HB-based products, both directly and through partnerships with other medical device companies. Its clients are primarily in the medical field, including surgeons and hospitals that perform soft tissue repair, reconstruction, and regeneration procedures.

The company's product portfolio is extensive, featuring devices for various surgical applications. A cornerstone product is the TephaFLEX Absorbable Suture, which received its first FDA clearance in 2007. Other commercial products include surgical meshes, films, and scaffolds designed for hernia repair, plastic and reconstructive surgery, and orthopedic soft tissue repair. The GalaFLEX portfolio, for instance, consists of bioresorbable scaffolds used for soft tissue support in procedures requiring reinforcement. The defining feature of Tepha's P4HB products is their combination of strength, flexibility, and biocompatibility, offering prolonged strength retention while being safely absorbed by the body. This positions them as a compelling alternative to other commercially available resorbable polymers, as they have been shown to be less inflammatory.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
Lexington, United States
Employees
12
Open positions
None listed
Dealroom signal
29.4/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Biomaterials, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jul 2021 $0 — BD —
DEBTDebt Jan 2020 $25M — Armentum Partners —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Tepha website traffic

Latest recorded traffic for Tepha is 210 monthly website visits, down 8.7% over the last three months. Tepha's team declined 72.1% over the past year.

Latest monthly visits210 3-month web change-8.7% 1-year team growth-72.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Yield10 Bioscience
  • Novartis Venture Fund
  • Westfield Capital Management
  • Integra Ventures
  • The Vertical Group

Series B and later1 investor entered at this stage

  • Armentum Partners

Other known investors2 additional known investors

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tepha on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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