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.