# Shape Memory Medical funding: rounds and investors

> Shape Memory Medical has raised $55M across 2 rounds since 2024. Investors include Earlybird Venture Capital and MedTech Innovator. Every round with its source.

Source: https://millionrounds.com/company/shape-memory-medical (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Shape Memory Medical*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Healthcare

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$55M** raised across 2 rounds since 2024, from 5 sources

**$38M** Series C **$17M** Round

- **Latest round:** Round, $17M May 2026
- **Biggest round:** $38M Series C · Mar 2024
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$38M** Series C

**$17M** Round

- **First round:** Series C, $38M
- **Biggest round:** $38M
- **Between rounds:** 2.3 years

## The rounds

- **May 2026** Round **$17M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet and 3 others SEC filing: $17M sold, first sale May 2026
- **Mar 2024** Series C **$38M** *2 new* [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) [MedTech Innovator](https://millionrounds.com/fund/medtech-innovator) Source recorded SEC filing: $30M sold, first sale Feb 2024

## Founders and team

From Shape Memory Medical's own website: 5 on the team.

- **Anthony Lipp** Chief Commercial Officer
- **Chung Yeh** VP, R&D and Operations
- **Mary Dennehy** VP, Marketing
- **Meghan Reu** Director, Quality & Regulatory
- **Peter Miller** Director of Clinical Affairs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series C** 2024 **Round** 2026 [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) [MedTech Innovator](https://millionrounds.com/fund/medtech-innovator)

## Everyone who backed them

[Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) VC firm **1** round

[MedTech Innovator](https://millionrounds.com/fund/medtech-innovator) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=shape-memory-medical).

## Quick answers about Shape Memory Medical

### Who invested in Shape Memory Medical?

Shape Memory Medical's investors include Earlybird Venture Capital and MedTech Innovator.

### How much has Shape Memory Medical raised?

Shape Memory Medical has raised $55M across 2 rounds since 2024.

### When did Shape Memory Medical last raise?

Shape Memory Medical's most recent round, $17M, was in May 2026.

### What was Shape Memory Medical's biggest round?

Shape Memory Medical's largest round on record is $38M (Series C), in Mar 2024.

### Who backed Shape Memory Medical first?

Shape Memory Medical's first round on record, in Mar 2024, was backed by Earlybird Venture Capital and MedTech Innovator.

### What stage is Shape Memory Medical at?

Shape Memory Medical's latest named round is a Series C, in Mar 2024.

### Where is Shape Memory Medical based?

Shape Memory Medical is based in the United States.

## Companies like Shape Memory Medical

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)

## Find investors like these

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