About BioProtect
BioProtect is a company based in Kochav Yair Tzur Yigal (Israel) founded in 2001 by Shaul Shohat and Adrian Paz was acquired by Olympus in May 2026. BioProtect has raised $74.1 million across 10 funding rounds from investors including Medtronic, Olympus and European Union. BioProtect offers products and services including BioProtect Balloon Implant System. BioProtect operates in a competitive market with competitors including Lucerno Dynamics, SpaceOAR hydrogel, Quality Electrodynamics, m2m Imaging Corp and EXACT Therapeutics, among others.
- Headquarter Kochav Yair Tzur Yigal, Israel
- Founders Shaul Shohat, Adrian Paz
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Healthcare
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- Legal Name Bioprotect Medical Inc
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Products & Services of BioProtect
BioProtect offers a comprehensive portfolio of products and services, including BioProtect Balloon Implant System.
Biodegradable balloon for spacing rectal wall during prostate radiotherapy.
People of BioProtect
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Funding Insights of BioProtect
BioProtect has successfully raised a total of $74.1M across 10 strategic funding rounds. The most recent funding activity was a Grant round of $2.65 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in BioProtect
BioProtect has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Medtronic, Olympus and European Union.
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Peregrine is focused on healthcare innovation through strategic global investments.
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Venture capital fund investing in early-stage tech startups
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Investments in health tech sectors are managed by Almeda Ventures.
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Investor details for BioProtect
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Investments & Acquisitions by BioProtect
Investment portfolio details for BioProtect
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Financial Statements - BioProtect
Detailed financials for BioProtect
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Bioprotect Comparisons
Peer comparison for BioProtect
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Competitors of BioProtect
BioProtect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lucerno Dynamics, SpaceOAR hydrogel, Quality Electrodynamics, m2m Imaging Corp. and EXACT Therapeutics, among others.
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Imaging technology for radiotracer quality assessment is developed.
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Rectal protection hydrogel for prostate cancer radiation therapy is provided.
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Magnetic resonance equipment and accessories for clinical diagnosis
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Preclinical MRI Imaging Devices and Accessories
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Sonoporation platform is provided for diagnosing multiple diseases.
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Detailed competitors of BioProtect
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Latest news on Bioprotect
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Frequently Asked Questions about BioProtect
BioProtect was founded in 2001 and raised its 1st funding round 3 years after it was founded.
BioProtect is headquartered in Kochav Yair Tzur Yigal, Israel.
BioProtect is a funded company, having raised a total of $74.1M across 10 funding rounds to date.
BioProtect was founded in 2001 as a developer of radiation protection solutions in the medical technology sector. The BioProtectProSpace Balloon System has been created to serve as a spacer, displacing healthy tissue from high-dose radiation areas during prostate cancer treatments. Operations focus on advancing radiotherapy accessories, with co-founders Shaul Shohat as CTO and Adrian Paz leading the efforts. No specific geographic base is indicated.
BioProtect's top competitors include EXACT Therapeutics, Quality Electrodynamics and SpaceOAR hydrogel.
BioProtect offers BioProtect Balloon Implant System.
BioProtect has 12 investors. Key investors include Medtronic, Olympus, European Union, KB Investment, and Xenia Venture Capital.