{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6n6KUJDA","lastupdate":"2023-09-27T00:00:00.000Z","update_date":"2023-09-27T00:00:00.000Z","lastModified":"Sep 23, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"bioprotect","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$VRvvET4vuIKCVjDJJUPQu5aU1xh8vluRzwNezYxsHUtYb0EBP7468n","name":"BioProtect","oneliner":"Biodegradable Balloons for Safe Radiation Therapy","registrar":"513591396","website":"https://bioprotect.com","careerspage":"","founded_month":9,"founded_year":2004,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/BioprotectS","youtube":"https://www.youtube.com/channel/UCgXWwiqt-PFlSzoV3i6KKxg","facebook":"https://www.facebook.com/BioProtectSpacers","linkedin":"https://www.linkedin.com/company/439364","instagram":""},"social":["https://www.linkedin.com/company/439364","https://twitter.com/BioprotectS","https://www.facebook.com/BioProtectSpacers","https://www.youtube.com/channel/UCgXWwiqt-PFlSzoV3i6KKxg"],"flattenedsociallinks":"https://www.linkedin.com/company/439364|https://twitter.com/BioprotectS|https://www.facebook.com/BioProtectSpacers|https://www.youtube.com/channel/UCgXWwiqt-PFlSzoV3i6KKxg","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":null,"employees":"51-200","employees_exact":98,"patent":1,"raised":62248150,"stage":"D","public_stage":"D","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4LuwgtgKDA","primary_sector":"Health Tech & Life Sciences","alternativenames":["Bio-Protect","Bio.Protect","Bio Protect"],"about":"BioProtect has developed a proprietary technology platform for biodegradable balloons. The technology is designed for a wide range of clinical applications, including spacing for radiation oncology protection, aesthetics, and general surgery.\r\n\r\nThe company's first application in the commercialization stage is the BioProtect/ProSpace Balloon System, which acts as a spacer for the protection of healthy tissue in patients receiving radiotherapy for prostate cancer. 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The funds will be used for US commercialization of the BioProtect Balloon Implant System, which recently received FDA clearance for rectal protection during radiation therapy for prostate cancer. The companys CEO, Itay Barnea, expressed his belief in the potential of their product to revolutionize rectal protection from radiation toxicity during prostate cancer radiation therapy.","partners":"Not mentioned","customers":"Not mentioned","investors":["MVM Partners","Triventures","KB Investments","Peregrine Ventures","Almeda Ventures","Consensus Business Group of Vincent Tchenguiz"],"confidence":9,"key_topics":["Financing Round","Prostate Cancer Treatment"],"date_of_event":"September 27, 2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$28 million","structured_issues":["Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"GXIpoVNPBd0hb9j169JRmrjklcg2N33LjUg88FSDqaJHAa0QxafE9l","news_summary":"Israeli balloon implant co BioProtect raises $28m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"fIJtqNiNmrknGyXR9LJ0v43YWqbNbgtfVqgrfK0cEu4A6OCDomnPmg","date":"Sep 1, 2022","link":"https://www.calcalistech.com/ctechnews/article/hympoyrjs","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"prostate cancer","company":"BioProtect","layoffs":null,"summary":"The article discusses the debate surrounding prostate cancer screening and treatment. It highlights the importance of personalized, patient-centered approaches and the potential side effects of invasive treatments. The CEO of BioProtect, Itay Barnea, emphasizes the need for a comprehensive evaluation of each patients unique factors. The global market for prostate cancer therapeutics is predicted to exceed $24.9 billion by 2030, driven by increasing cases and technological advancements in oncology. BioProtect produces biodegradable balloons for safe radiation therapy.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["prostate cancer","PSA testing","screening","treatment","market growth"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"1MaRu4uFKb9W8OGwm3nf2Y7nDfPn9XIV7as3F9VysPjBB3oHb8nYQd","news_summary":"Is it time to reconsider PSA tests for Prostate Cancer? | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"972364ef-d9b7-41ee-8cb8-3eaf644ee9e2","date":"Jun 15, 2021","link":"https://www.prnewswire.com/news-releases/bioprotect-notes-completion-of-patient-enrollment-for-its-ide-pivotal-study-of-the-prospace-balloon-spacer-301312602.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"medical device","company":"BioProtect Ltd.","layoffs":null,"summary":"BioProtect Ltd. has successfully enrolled all planned patients in the ongoing IDE ProSpace™ trial for its ProSpace™ Balloon Spacer. The trial aims to assess the safety and efficacy of the device in prostate cancer patients undergoing radiotherapy. The company expressed gratitude for the completion of the enrollment phase despite the challenges posed by the COVID-19 pandemic. BioProtects vision is to provide safer and improved clinical outcomes for patients undergoing radiation therapy. Last year, the company raised $25 million in funding from a group of international investors. The ProSpace™ Balloon Spacer is BioProtects first commercially available product, designed to reduce the radiation dose delivered to the anterior rectum by spacing it away from the prostate.","partners":null,"customers":null,"investors":"a group of international investors","confidence":9,"key_topics":["ProSpace™ trial","ProSpace™ Balloon Spacer","radiation therapy","clinical trials","bioabsorbable spacers"],"date_of_event":"June 15, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$25M USD","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"neklGu2HifVBSBWQ4kFwCUwMDyFMTVDULCVxhmlV8nEkfQ57cbD3yU","news_summary":"BioProtect Notes Completion of Patient Enrollment for its IDE Pivotal Study of the ProSpace™ Balloon Spacer","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"68e0412c-7eab-42d9-90a2-0b4046611da7","date":"Sep 22, 2020","link":"https://en.globes.co.il/en/article-prostate-cancer-protection-co-bioprotect-raises-25m-1001343377","source":"en.globes.co.il","visible":1,"analysis":{"tags":"medical technology","company":"BioProtect","layoffs":null,"summary":"Israeli startup BioProtect has closed a $25 million Series D equity financing round to fund the clinical trial of its ProSpace balloon spacer for prostate cancer treatment. The spacer helps reduce radiation therapy risks by pushing the prostate away from the rectum. The funds will also be used for technology platform expansion. BioProtects future pipeline includes applications for cervical cancer radiation therapy, pancreas radiation, and general surgery. The company aims to complete the pivotal study, gain FDA approval, and accelerate development of the next indication to its platform. The financing will support radiation oncology providers in shortening treatment cycles without compromising safety and cancer control.","partners":null,"customers":null,"investors":["Unnamed strategic investor","Peregrine Ventures","Almeda Ventures","Vincent Tchenguiz","Consensus Business Group","KB Investments","Triventures"],"confidence":9,"key_topics":["Prostate cancer treatment","Bio-absorbable polymer spacer balloon","Radiation therapy","FDA clinical trial","Future pipeline"],"date_of_event":"2020-09-22","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$25 million","structured_issues":["Investment","Expand"],"acquisition_amount":"$220 million","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"464ao0kKOvVhWTZAt5LBHDnm2MEHKTZO6SqrPvCMJOjWcATbT1RdmI","news_summary":"Prostate cancer protection co BioProtect raises $25m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c8877f60-6ef1-42dd-a621-2c0bee399913","date":"Jan 14, 2020","link":"https://en.globes.co.il/en/article-israeli-space-balloon-co-bioprotect-raises-13m-1001314865","source":"en.globes.co.il","visible":1,"analysis":{"tags":"medical technology","company":"BioProtect","layoffs":null,"summary":"BioProtect, an Israeli bio-absorbable polymer spacer balloons developer, has announced the initial closing of a $13 million Series D equity financing round. 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The financing round was led by the family office of Vincent Tchenguiz, with participation from Accelmed Ventures and KB Investments.","partners":null,"customers":null,"investors":"Vincent Tchenguiz (Consensus Business Group), Accelmed Ventures, KB Investments","confidence":9,"key_topics":["BioProtect","Series D equity financing","ProSpace balloon spacer","radiation therapy","FDA clinical trial"],"date_of_event":"January 14, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$13 million","structured_issues":["Investment"],"acquisition_amount":"$220 million","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"z8OW1NU2eZepL2WlIXzBm301O3H81XPJO4nE4R0kjm2LxFaZgVSlMA","news_summary":"Israeli spacer balloon co BioProtect raises $13m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"7d70fc08-f248-4d5e-bcfb-fd573f3fc94f","date":"May 20, 2019","link":"https://en.globes.co.il/en/article-vincent-tchenguiz-to-invest-7m-in-bioprotect-1001286340","source":"en.globes.co.il","visible":1,"analysis":{"tags":"investment, expand","company":"BioProtect","layoffs":null,"summary":"UK billionaire Vincent Tchenguiz will invest $7 million in BioProtect, a company that has developed a product for protecting healthy tissue against radiotherapy for the treatment of prostate cancer. The investment will help BioProtect complete clinical trials for marketing in the US. BioProtects product, a polymer balloon, is already being marketed in Europe and has potential applications for other types of cancer treatment. Xenia Venture Capital, a technology incubator, holds a 12% stake in BioProtect. Former Dune Medical senior executive Gil Rosen has been appointed CEO of BioProtect.","partners":null,"customers":null,"investors":"Vincent Tchenguiz","confidence":9,"key_topics":["BioProtect","Vincent Tchenguiz","Xenia Venture Capital","product","clinical trials"],"date_of_event":"May 20, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"HraKsWUneUu37dAXQFfcwLqD6DrkyjinL84LgMb8zM7GDMpZyNL5BX","news_summary":"Vincent Tchenguiz to invest $7m in BioProtect","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ff15ecbc-164c-4c1b-8dc5-cdfeed2911db","date":"Apr 24, 2018","link":"http://bioprotect.com/events/estro2018abstracts/","source":"bioprotect.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"0TVzUBCWt2q8lH2DVNZqMsJXqc66lvvctj34dQMUsjJ9V2tpsiiexL","news_summary":"New Data Presented at ESTRO 2018 Supports use of Balloon Spacers","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"e2263724-f7e8-4805-8e2e-007ec0885996","date":"Jan 10, 2018","link":"https://www.biospectrumindia.com/news/74/10178/fda-has-granted-investigational-device-exemption-approval-ide-to-bioprotect-.html","source":"www.biospectrumindia.com","visible":1,"analysis":{"tags":"awards","company":"BioSpectrum","layoffs":"","summary":"The Indian Bio & Health Sciences Industry awards, known as the BioSpectrum Excellence Awards, were recently given away at the Annual Gala Awards Nite on June 30, 2023. 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