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Materna Medical Raises $22M As Femtech Becomes A Billion-Dollar Sector

By: Keerthi Vedantam

Mountain View, California-based Materna Medical raised $22 million to tackle pelvic care for prenatal and postpartum patients, according to SEC filings. The 15-year-old OB-GYN startup is working in a niche area of health that often goes underserved: the pelvic area. Pregnant or postpartum patients often develop long-term incontinence or prolapse symptoms due to injury to the pelvic floor.