Butterfly Medical

Stub active Updated May 16, 2026

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Location Yokneam, Israel
Founded 2014
Latest Stage Series C
Total Raised $21M+

About

Butterfly Medical is a Yokneam, Israel-based medical device company founded in 2014 that is developing the Butterfly device — a first-line interventional therapy for benign prostatic hyperplasia (BPH), a non-surgical implant that retracts the prostate to relieve lower urinary tract symptoms 12. The $21M upsized Series C announced May 14, 2026 included participation from the European Innovation Council (EIC), Junson Capital, MedVenture, and New Rhein Healthcare Investors; proceeds will fund the FDA regulatory pathway and global commercialization 12.

Funding History

Date Round Amount Lead Co-investors
2026-05-14 Series C $21M European Innovation Council, Junson Capital, MedVenture, New Rhein Healthcare Investors 12

What Investors Say

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What Founders Say

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Sources


  1. PR Newswire, “Butterfly Medical Secures $21 Million in Upsized Series C Funding to Advance Minimally Invasive BPH Treatment,” May 14, 2026. Accessed May 2026. https://www.prnewswire.com/news-releases/butterfly-medical-secures-21-million-in-upsized-series-c-funding-to-advance-minimally-invasive-bph-treatment-302772142.html

  2. MassDevice, “Butterfly Medical raises $21M for BPH device,” May 14, 2026. Accessed May 2026. https://www.massdevice.com/butterfly-medical-raises-21m-bph-device/