About BioProtect
BioProtect is a company founded in 2001 by Shaul Shohat and Adrian Paz.. BioProtect has raised $46.1 million across 9 funding rounds from investors including Medtronic, European Union and KB Investment. 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.
- Founders Shaul Shohat, Adrian Paz
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Bioprotect Medical Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.1 M (USD)
in 9 rounds
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Latest Funding Round
$2.65 M (USD), Grant
Oct 01, 2023
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Investors
Medtronic
& 8 more
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Employee Count
Employee Count
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Products & Services of BioProtect
BioProtect offers a comprehensive portfolio of products and services, including BioProtect Balloon Implant System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Biodegradable balloon for spacing rectal wall during prostate radiotherapy.
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Funding Insights of BioProtect
BioProtect has successfully raised a total of $46.1M across 9 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Grant — $2.6M
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First Round
First Round
(18 Oct 2004)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Grant - BioProtect | Valuation |
investors |
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| Sep, 2020 | Amount | Series D - BioProtect | Valuation | Vincent Tchenguiz , Almeda Ventures | |
| Jan, 2020 | Amount | Series D - BioProtect | Valuation | KB Investment , Accelmed Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BioProtect
BioProtect has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Medtronic, European Union and KB Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Peregrine is focused on healthcare innovation through strategic global investments.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Investments in health tech sectors are managed by Almeda Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BioProtect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BioProtect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bioprotect Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Imaging technology for radiotracer quality assessment is developed.
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| domain | founded_year | HQ Location |
Rectal protection hydrogel for prostate cancer radiation therapy is provided.
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| domain | founded_year | HQ Location |
Magnetic resonance equipment and accessories for clinical diagnosis
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| domain | founded_year | HQ Location |
Preclinical MRI Imaging Devices and Accessories
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| domain | founded_year | HQ Location |
Sonoporation platform is provided for diagnosing multiple diseases.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bioprotect
Frequently Asked Questions about BioProtect
When was BioProtect founded?
BioProtect was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Is BioProtect a funded company?
BioProtect is a funded company, having raised a total of $46.1M across 9 funding rounds to date. The company's 1st funding round was a Series D of $13M, raised on Oct 18, 2004.
What does BioProtect do?
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.
Who are the top competitors of BioProtect?
BioProtect's top competitors include EXACT Therapeutics, Quality Electrodynamics and SpaceOAR hydrogel.
What products or services does BioProtect offer?
BioProtect offers BioProtect Balloon Implant System.
Who are BioProtect's investors?
BioProtect has 9 investors. Key investors include Medtronic, European Union, KB Investment, Xenia Venture Capital, and Peregrine.
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