Kernel Capital invests €1.1m in Cork-based Radisens Diagnostics; Bruton promotes start-ups mentoring
May 27th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Kernel Capital through the Bank of Ireland MedTech Accelerator Fund has made a €500k investment in Cork-based Radisens Diagnostics, a medical diagnostics start up company. The total round of €1.1m also comprises of private BES investment sourced by the company and the remainder of the funds will be provided by Enterprise Ireland. Meanwhile, Minister for Jobs, Enterprise and Innovation Richard Bruton TD is seeking to encourage new generation of high potential Irish start-ups through mentoring.