BioProtect

Kochav Yair Tzur Yigal, Israel Founded: 2001 • Age: 25 yrs Acquired By Olympus
Radiation protection technology is developed for prostate cancer radiotherapy.
Annual revenue - Latest available
Total funding $74.1M 10 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bioprotect Medical Inc
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $74.1 M (USD)

    in 10 rounds

  • Latest Funding Round
    $2.65 M (USD), Grant

    Oct 01, 2023

  • Investors
    Medtronic

    & 11 more

  • Employee Count
    Not available
  • Acquired by
    Olympus

    (May 26, 2026)

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Products & Services of BioProtect

BioProtect offers a comprehensive portfolio of products and services, including BioProtect Balloon Implant System.

Product name locked
Category locked
Primary

Biodegradable balloon for spacing rectal wall during prostate radiotherapy.

People of BioProtect

Headcount 10-50
Employee Profiles 15
Board Members and Advisors 5
Employee Profiles
People
Itay Barnea
CEO At Bioprotect
People
Shaul Shohat
Co-Founder & CTO
People
Lee Adler
Chief Operating Officer
People
Shahar Shaked
VP Finance & Administration

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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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by BioProtect

Investments
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Investment portfolio details for BioProtect

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  • Transaction dates
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Financial Statements - BioProtect

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Detailed financials for BioProtect

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  • Profit trends
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Bioprotect Comparisons

BioProtect Primary company
Description
Radiation protection technology is developed for prostate ca...
Location
Kochav Yair Tzur Yigal, Israel
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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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.

Company Name Domain Founded year HQ Location Description
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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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Complete news archive for BioProtect

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  • Source and publication date
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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.

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