Radisens  Diagnostics announced today an equity investment by Sophia Business Angels (SBA) of the leading European business angel network. This investment will be used to fund Radisens' route to market for its portable digital diagnostics product line.

Facilitated by CorkBIC, via their Internationalisation Programme, Radisens was chosen from hundreds of European opportunities based on numerous stringent investment criteria. Recently named 2010 European Business Angel Network of the year by EBAN, SBA creates unique financial instruments to promote innovation and growth in high potential European start-ups, driven by French wealth tax law.

"Radisens' experienced multi-disciplinary team, unique business model and high growth target market were significant attractions for us to invest" said Juliana Garaizar, SBA General Manager.."There's no doubt that point-of-care is a huge growth area and Radisens' disruptive technology gives it a significant edge".

"This is a significant endorsement by Europe's premier angel network," said Jerry O'Brien, Radisens CEO. "SBA's track record speaks for itself.  We look forward to continue working with them to build Radisens into a world leading portable diagnostics company".