Cork start-up, Radisens Diagnostics, secures €1m funds

Radisens Diagnostics, based in Bishopstown, makes a portable diagnostic kit which allows doctors to quickly diagnose a range of complaints.

Venture capital firm Kernel Capital, through the Bank of Ireland MedTech Accelerator fund, has made a €500,000 investment in Radisens, while the total round of €1.1m also comprises of private investment sourced by the firm and the remainder will come from Enterprise Ireland.

Managing partner with Kernel Capital, Niall Olden, said: “Radisens is another example of an excellent life science start-up. Led by Jerry O’Brien, the company has strong intellectual property with many worldwide patents pending. (Examiner) >>>