BioProtect
Biodegradable Balloons for Safe Radiation Therapy
Startup D Health Tech & Life Sciences Est. 2004
Total Raised
$62.25M
D
Last Round
Undisclosed
10 rounds
Investors
19
19 public
Team
4
51-200 employees
Confidence
100/100
News
9
articles
Patents
1
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. The 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. The product is commercially available in Europe and is undergoing clinical studies in the United States prior to FDA approval. BioProtect has a robust product pipeline developed in consultation with physicians regarding radiotherapy spacing and other unmet clinical needs.
Classification
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Core Technology
Materials & SubstancesPolymersImplants
Target Customer
Healthcare & Life SciencesHealthcareProviders
Business Model
B2B
Tags
cancersurgerybiodegradableoncologyminimally-invasivemedical-devicesdoctorshospitalsmedical-technologiestreatmentspolymersradiology
Funding & Events
Sep 2023
Undisclosed Round $28M
MVM Life Science Partners (Lead), KB Investment, Almeda Ventures, Consensus Business Group (CBG), Peregrine Ventures, Triventures
Sep 2020
D Round $25M
Almeda Ventures, Medtronic, Triventures, Accelmed, Peregrine Ventures, KB Investment, Vincent Tchenguiz
Oct 2014
Non-equity $8K
Office of the Chief Scientist
Oct 2004
Seed $150K
Xenia Venture Capital
May 2025
Undisclosed Round Undisclosed
Peregrine Ventures
Jun 2016
B Round $500K
AJJS Holdings Inc., Aran Research and Development Ltd., Rafi Gidron, EarlyCap, Xenia Venture Capital, Igal Ahouvi, Virginia Life Sciences Investments (VLSI) , Tevel Global Angels Inc
Jun 2008
A Round $990.15K
Igal Ahouvi, Xenia Venture Capital, Rafi Gidron, EarlyCap
Feb 2006
A Round $700K
Rafi Gidron, AJJS Holdings Inc., Igal Ahouvi, Xenia Venture Capital, EarlyCap, Shlomo Mashiach
Dec 2012
A Round $2.9M
Igal Ahouvi, Tevel Global Angels Inc, Xenia Venture Capital, Virginia Life Sciences Investments (VLSI) , AJJS Holdings Inc., Rafi Gidron
Apr 2017
C Round $4M
BKP Med-Invest, Xenia Venture Capital
News (9)
Sep 27, 2023 · en.globes.co.il
growth-positive
Israeli balloon implant co BioProtect raises $28m
InvestmentExpand
Sep 1, 2022 · www.calcalistech.com
growth-positive
Is it time to reconsider PSA tests for Prostate Cancer? | CTech
CustomersInvestment
Jun 15, 2021 · www.prnewswire.com
growth-positive
BioProtect Notes Completion of Patient Enrollment for its IDE Pivotal Study of the ProSpace™ Balloon Spacer
Investment
Sep 22, 2020 · en.globes.co.il
growth-positive
Prostate cancer protection co BioProtect raises $25m
InvestmentExpand
Jan 14, 2020 · en.globes.co.il
growth-positive
Israeli spacer balloon co BioProtect raises $13m
Investment
May 20, 2019 · en.globes.co.il
growth-positive
Vincent Tchenguiz to invest $7m in BioProtect
InvestmentExpand
Apr 24, 2018 · bioprotect.com
New Data Presented at ESTRO 2018 Supports use of Balloon Spacers
Jan 10, 2018 · www.biospectrumindia.com
growth-positive
FDA has granted investigational Device Exemption approval (IDE) to BioProtect
None
Apr 13, 2017 · www.globes.co.il
growth-positive
Balloon implant co BioProtect raises $3.5m
Investment
Details
Product Stage
Released
Employees
51-200
Exact Count
98
Founded
2004
Registrar
513591396
Crunchbase
bioprotect
Locations
Tsor St 8, Kokhav Ya'ir Tzur Yigal, Israel
Links
Website
LinkedIn
Twitter
Facebook
Admin
Last Update
Sep 23, 2025
Verified by
Yanina Wainscheinker
Missing
markets
Team (4)
Itay Barnea
CEO
Shaul Shohat
Co-founder & CTO
Founder
Shahar Shaked
VP Finance & Administration
Guy Levy
VP Sales & Marketing
Internal
Created by
Tamar Weiss (tamar.e.weiss@gmail.com)
Created
2014-07-20T00:00:00.000Z
Last editor
Matan Eblagon (matane@sncentral.org)