Tech Company Financing Transactions

Materna Medical Funding Round

Materna Medical, based in Mountain View, secured $5 million in funding from Band of Angels, InnovaHealth Partners and Wavemaker Three-Sixty Health.

Transaction Overview

Company Name
Materna Medical
Announced On
7/1/2026
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors

Band of Angels (Lead Investor)

InnovaHealth Partners (Lead Investor) (Ariella Golomb)

Wavemaker Three-Sixty Health (Lead Investor)

Proceeds Purpose
The company intends to use the funds to complete its EASE pivotal trial readout, expand Milli® channel access in preparation for the anticipated launch of the Ellora� Obstetrical System, build out commercial manufacturing capabilities, accelerate Ellora launch preparations, and advance market access strategies as its first-in-class reimbursement code is now active.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2490 Hospital Dr. 310
Mountain View, CA 94040
USA
Phone
Undisclosed
Website
www.maternamedical.com
Email Address
[email protected]
Overview
The company develops Surgical and Medical Instruments.
Profile
Materna Medical LinkedIn Company Profile
Social Media
Materna Medical Company Twitter Account
Company News
Materna Medical News
Facebook
Materna Medical on Facebook
YouTube
Materna Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tracy MacNeal
  Tracy MacNeal LinkedIn Profile  Tracy MacNeal Twitter Account  Tracy MacNeal News  Tracy MacNeal on Facebook
Chief Operating Officer
Kelly Ashfield
  Kelly Ashfield LinkedIn Profile  Kelly Ashfield Twitter Account  Kelly Ashfield News  Kelly Ashfield on Facebook
Founder
Michael Stewart
  Michael Stewart LinkedIn Profile  Michael Stewart Twitter Account  Michael Stewart News  Michael Stewart on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/30/2026: Jota Plataforma venture capital transaction
Next: 7/1/2026: Queue venture capital transaction

 

Share this article

 

Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2026. Gaebler Ventures. All rights reserved.