BioProtect
AcquiredBioProtect is a medical devices company in Netanya, Israel, founded in 2004. It has raised $28.0M across 1 round, most recently a $28.0M Venture Round in September 2023.
- Headquarters
- Netanya
- Employees
- 51–200
- Founded
- 2004
- Business Model
- B2B
- Website
- bioprotect.com
- Total Funding
- $28.0M
- Last Round
- $28.0M Venture RoundSep 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round for this company. The full record is or through the API.
About
BioProtect was an Israeli medical device manufacturer specializing in biodegradable balloon spacer technology for prostate cancer radiation therapy. Founded in 2004 in Netanya, Israel by Shaul Shohat and Adrian Paz, the company developed the BioProtect Balloon Spacer — an FDA-cleared implant that creates a protective gap between the prostate and rectum during radiation treatment, reducing rectal dose and preserving quality of life. BioProtect was acquired by Olympus Corporation in May 2026 for up to $270 million to expand Olympus's portfolio of urological technologies.
Summary
It lists 51–200 employees. It has raised $28.0M in total across 1 round, most recently a $28.0M Venture Round in Sep 2023.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Sep 2023
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