Company Overview
Snapshot
Founded in January 2014 by Amir Belson and Craig Walker, Radiaction has 11–50 employees. The company has raised $47.3 million across 5 funding rounds from 5 investors. In August 2023, Radiaction Medical raised $12.6 million in Series C2 funding, with InnovaHealth Partners LP participating.
Business overview
Radiaction Medical is focused on revolutionizing radiation protection for interventional medical teams, particularly in specialties with high exposure rates and health risks. The company has developed Radiaction, a plug-and-play addition to C-arm systems that actively blocks over 90% of scatter radiation at the source, providing head-to-toe protection for personnel in the room. This technology is designed for the healthcare sector, serving hospitals and clinics, and operates within the Health Tech & Life Sciences and Medical Devices sectors.
Strategic signal
In May 2023, Radiaction Medical partnered with Cassling to enhance the protection of interventional teams from scatter radiation. This collaboration is significant as it expands the reach of Radiaction's innovative shielding technology within the North American market, signaling a strategic move towards broader commercialization and adoption of its radiation protection solutions in clinical settings.
Log in to access full profile ›Company Intelligence Q&A
- What was Radiaction Medical's most recent funding activity?
- In August 2023, Radiaction Medical raised $12.6 million in Series C2 funding. InnovaHealth Partners LP participated in this round.
- When did Radiaction Medical secure additional patents?
- In July 2021, Radiaction Medical Ltd. secured additional patents in the US and Japan, supporting the commercialization of its radiation shielding technology.
- When did Radiaction open its first EU Radiation Protection Center of Excellence?
- In February 2022, Radiaction opened its first EU Radiation Protection Center of Excellence in collaboration with Mazowiecki Hospital in Ostrołęka, Poland.
- When did Radiaction receive FDA clearance for its radiation protection system?
- In April 2022, Radiaction received FDA clearance for its radiation protection system.
- What was a key partnership announced by Radiaction Medical?
- In May 2023, Cassling partnered with Radiaction Medical to help protect interventional teams from scatter radiation.