Mountain View, California-based Materna Medical raised $22 million to tackle pelvic care for prenatal and postpartum patients, according to SEC filings.
The filings did not specify the round’s investors, Crunchbase reports.
The femtech sector—coined by the founder of the fertility tracking app Clue in 2016—has steadily risen in the ranks of venture capital funding as more and more startups dedicated to women’s health have sprung up. In 2021, funding hit at a whopping $1 billion for the first time in the sector’s history, per Crunchbase data. Read more.
