Radiaction Overview
Radiaction Medical is revolutionizing radiation protection for interventional medical teams, with a focus on specialties that incur the highest exposure rates and serious health risks. In a complete departure from current solutions that shield or clothe users to block radiation, the company has created Radiaction, a plug-and-play addition to C-arm systems that dynamically and proactively blocks over 90% of scatter radiation at the source, offering head-to-toe protection for everyone in the room. Radiaction carries CE marking and FDA clearance and is currently marketed in North America and the European Union.
Cumulative Funding Raised Over Time ($)
$12.6MAug 2023
$13.6MJan 2014
$31.6MJan 2020
$37.3MMar 2017
$47.3MMar 2022
Latest News
Radiaction Medical Raises $12.6 Million in Series C2 Funding and Elects Christopher Barys as a New Member to Its Board of Directors
Cassling Partners with Radiaction Medical to Help Protect Interventional Teams from Scatter Radiation
growth-positive
Radiaction receives FDA clearance for radiation protection system, secures $10 million in funding CTech
Israeli medical device company Radiaction Medical has completed a $10 million funding round and received FDA clearance for its Shield System. The funding will be used to launch the Shield System in the US and further commercialize in Europe. Radiactions technology applies radiation protection directly to the X-ray device, reducing scattered radiation in cath labs by over 90%. This reduces the risk of radiation-related illnesses for medical staff. The Shield System blocks and captures scattered radiation at the source, providing protection to the head and upper body of all personnel in the room. Radiaction was founded by Amir Belson in 2014.
InvestmentExpand
growth-positive
Radiaction Opens First EU Radiation Protection Center of Excellence in Collaboration with Mazowiecki Hospital in Ostrołęka, Poland
Radiaction Medical Ltd. has entered into a collaboration with the Interventional Cardiology unit of Mazowiecki Hospital in Poland. The hospital has received the first installed system in the EU to protect medical staff from X-ray radiation exposure. The collaboration includes the sale of the shielding device and ongoing data collection and research. The partnership aims to enhance the clinical evidence of the devices performance and its integration into the clinical workflow. Radiaction plans to expand its clinical footprint in the EU and enter the US market.
PartnersCustomers
growth-positive
Radiaction Medical Unveils Innovative Radiation Protection Solution at RSNA 2021
Radiaction Medical, a medical device company, is launching its US operation and demonstrating its innovative radiation shielding solution at the Radiological Society of North America annual conference. The solution provides full-body shielding to medical personnel during fluoroscopy-guided procedures, reducing scattered radiation. The system has shown a reduction in scattered radiation of 91% in Interventional Cardiology procedures and 93% in Electrophysiology procedures. Radiaction is building a demonstration center in Florida to allow partners and physicians to evaluate the systems integration into clinical workflow. The company aims to change the paradigm of protection for medical teams during fluoroscopy-based procedures.
CustomersPartners
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $47.3M |
| Last funding | $12.6M |
| Stage | C |
| Rounds | 5 |
| Investors | 5 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | radiactionmedical.com |
| Careers | Careers page |
Locations
HaNehoshet St 10, Tel Aviv-Yafo, Israel
1855 Griffin Rd a 309, Dania Beach, FL 33004, USA
Photos & Videos
1 item(s)
Radiaction Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Health Tech & Life SciencesMedical DevicesTarget Customer
Healthcare & Life SciencesHealthcareProvidersCore Technology
—Tags (11)
hospitalsradiation-protectionmedical-equipmentx-rayradiologyclinicshealthcare-providersdoctorsroboticsmedical-devicesmedical-technologiesGeographic Markets
United StatesEuropeRadiaction Financials
$47.3M
Total funding
Undisclosed
Capital raised
$12.6M
Last funding
C
Funding stage
5
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$12.6MAug 2023
$13.6MJan 2014
$31.6MJan 2020
$37.3MMar 2017
$47.3MMar 2022
Private Equity Funding
C Round
Aug 2023
$12.6M
InnovaHealth Partners LP (Lead)
C Round
Mar 2022
$10M
InnovaHealth Partners LP (Lead)
B Round
Jan 2020
$18M
InnovaHealth Partners LP
A Round
Mar 2017
$5.7M
HighGround Tairun Investment
Seed
Jan 2014
$1M
Office of the Chief Scientist, RAD BioMed, Undisclosed Investor(s)
Radiaction Lifecycle
Cumulative Funding Raised Over Time
$12.6MAug 2023
$13.6MJan 2014
$31.6MJan 2020
$37.3MMar 2017
$47.3MMar 2022
All Events
C Round
Aug 2023
$12.6M
InnovaHealth Partners LP (Lead)
C Round
Mar 2022
$10M
InnovaHealth Partners LP (Lead)
B Round
Jan 2020
$18M
InnovaHealth Partners LP
A Round
Mar 2017
$5.7M
HighGround Tairun Investment
Seed
Jan 2014
$1M
Office of the Chief Scientist, RAD BioMed, Undisclosed Investor(s)
Radiaction News
9 articlesRadiaction Medical Raises $12.6 Million in Series C2 Funding and Elects Christopher Barys as a New Member to Its Board of Directors
Cassling Partners with Radiaction Medical to Help Protect Interventional Teams from Scatter Radiation
growth-positive
Radiaction receives FDA clearance for radiation protection system, secures $10 million in funding CTech
Israeli medical device company Radiaction Medical has completed a $10 million funding round and received FDA clearance for its Shield System. The funding will be used to launch the Shield System in the US and further commercialize in Europe. Radiactions technology applies radiation protection directly to the X-ray device, reducing scattered radiation in cath labs by over 90%. This reduces the risk of radiation-related illnesses for medical staff. The Shield System blocks and captures scattered radiation at the source, providing protection to the head and upper body of all personnel in the room. Radiaction was founded by Amir Belson in 2014.
InvestmentExpand
growth-positive
Radiaction Opens First EU Radiation Protection Center of Excellence in Collaboration with Mazowiecki Hospital in Ostrołęka, Poland
Radiaction Medical Ltd. has entered into a collaboration with the Interventional Cardiology unit of Mazowiecki Hospital in Poland. The hospital has received the first installed system in the EU to protect medical staff from X-ray radiation exposure. The collaboration includes the sale of the shielding device and ongoing data collection and research. The partnership aims to enhance the clinical evidence of the devices performance and its integration into the clinical workflow. Radiaction plans to expand its clinical footprint in the EU and enter the US market.
PartnersCustomers
growth-positive
Radiaction Medical Unveils Innovative Radiation Protection Solution at RSNA 2021
Radiaction Medical, a medical device company, is launching its US operation and demonstrating its innovative radiation shielding solution at the Radiological Society of North America annual conference. The solution provides full-body shielding to medical personnel during fluoroscopy-guided procedures, reducing scattered radiation. The system has shown a reduction in scattered radiation of 91% in Interventional Cardiology procedures and 93% in Electrophysiology procedures. Radiaction is building a demonstration center in Florida to allow partners and physicians to evaluate the systems integration into clinical workflow. The company aims to change the paradigm of protection for medical teams during fluoroscopy-based procedures.
CustomersPartners
growth-positive
Radiaction Medical Ltd. Secures Additional Patents in US and Japan - En-Route to Commercialization of its Radiation Shielding Technology
Radiaction Medical Ltd. has been granted additional patents in the US and Japan for its radiation shielding device. The device provides full-body shielding to medical personnel during fluoroscopy-guided procedures, reducing scattered radiation. The system has demonstrated high performance in reducing scattered radiation in clinical environments. Radiaction has been continuously expanding its IP assets and is nearing commercialization. The company has also gained CE mark under the MDR, allowing for initial installations in Europe. Radiaction was founded by Amir Belson and is based in Tel Aviv, Israel.
PartnersExpand
growth-positive
Radiation Protection Company Radiaction Raises $18 Million
Tel Aviv-based radiation protection company Radiaction Ltd. has raised an $18 million funding round from New York-based investment firm InnovaHealth Partners LP. The companys technology applies radiation protection to X-ray devices, eliminating the need for medical staff to wear protective gear. Radiaction was founded by serial entrepreneur Amir Belson, who previously sold his medical device startup Vascular Pathways Inc. for $81.5 million in 2015.
Investment
growth-positive
InnovaHealth Partners Invests in Radiaction, the Technology Leader in Robotic Radiation Protection
InnovaHealth Partners has made a growth equity investment in Radiaction and acquired a majority interest in the company. Radiaction has developed a robotic system that reduces radiation exposure to physicians and technicians. The investment from InnovaHealth is expected to accelerate Radiactions commercial development and expand its clinical leadership.
Investment
growth-positive
Radiation shielding co RadiAction Medical raises $5.7m
RadiAction Medical, an Israeli startup, has completed a $5.7 million Series A financing round led by HighGround Tairun Investment LLPs. The company has developed a radiation shielding device for fluoroscopic systems in interventional suites. The technology allows medical teams to increase the number of image-guided interventional procedures performed annually while reducing the risks of exposure to X-ray radiation. RadiAction plans to use the funding to accelerate R&D, complete required tests, obtain regulatory clearances, and bring the product to market.
Investment
Radiaction Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 35 |
| Team members | 3 |
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Radiaction Internal
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Admin Info
| Confidence | 91/100 |
| Missing | markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514989607 |
| Crunchbase | radiaction |
| Phone | +972765394849 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-09-26T00:00:00.000Z |
| Created | 2015-07-24T00:00:00.000Z |