Radisens wins “most investable startup” award from European business angel networks
SOPHIA ANTIPOLIS, France — Dec 5, 2009 — Radisens Diagnostics has been recognised as the most investable startup among the fifteen pan-European startup companies who pitched at the Global Growth Network organised ‘Going International’ seed investment conference. Organised in collaboration with Cicom, CorkBIC and Sophia Antipolis Business Angels (SBA), the judging panel included representatives from French, UK, Finnish, Irish, Hungarian and Spanish Business Angel Networks, including the European Business Angel Network (EBAN), Succès Europe and SBA. Commenting on the award, Jerry O’Brien, CEO of Radisens Diagnostics, said how “such recognition validates the strong team, competitive advantage and business model behind the point-of-care diagnostic business we are developing at Radisens. This gives us a real boost as we prepare to sample our detection prototypes into equipment manufacturers”.
About Radisens Diagnostics
Radisens develops portable diagnostic platforms for point-of-care, resulting in rapid and reliable laboratory-grade blood testing across multiple assays. Radisens is miniaturizing gold-standard clinical laboratory diagnostic instrumentation and developing a consummable suite covering immunoassay, haematology and molecular diagnostic tests. No solution on the market offers a multiplexed, quantitative platform for blood testing across such a wide range of applications in a single portable, battery-operated instrument. This patent pending disruptive technology will drive a step change towards ubiquitous rapid handheld analysis in GP clinics, outpatient and emergency room settings.
About Global Growth Network
The Global Growth Network (GGN) was established to help small to mid-sized firms grow their business overseas by providing experienced international expertise. The GGN helps the building of overseas businesses by researching the market, writing a business plan, establishing a supply chain, recruiting staff, developing a sales network, or building a factory. The tools utilized would be a keen ear for the voice of internal and external customers, an analytic approach tempered by cross-cultural sensitivity, and an international network of relationships built over twenty years.
About Cicom
Cicom is a private company that combines French, European and world leaders in the sectors of facilities management and state of the art information technology. Founded in 1995 to manage and run the Advanced International Communication Centre (CICA) in Sophia Antipolis. Cicom was named a member of the European Business and Innovation Centre Network in 1998, has managed the European Telecom Innovation Center since 2001, and became a member of the European Space Incubator Network in 2002. Cicom successfully incubates numerous ITC and Telecoms SMEs from France and abroad, consults on the development of Technoparks and is involved in numerous European projects supporting the enhancement and innovation of SMEs in Europe.
About CorkBIC
CorkBIC is a leading interdisciplinary venture consultancy in the South West of Ireland. The company provides an integrated process for incubating and growing high potential technology driven companies. CorkBIC identifies, selects and develops about 12 higher potential startups per year and works as a hands-on catalyst or project developer in infrastructure gap initiatives.
About Sophia Business Angels
The Sophia Business Angels is a select group of international serial entrepreneurs and senior managers coming together once a month in the European high-tech capital of Sophia Antipolis, France. Today, the group numbers 50 + strong, hails from 15 countries stretching from South America to North America to the Middle East and to Europe, and has a proven serious interest to invest early in local, national, and international start-up projects which bring a significant return on investment. Given the group’s combined expertise in finance, ICT, Bio, and Energy, the SBA Members have been able to work as a club to find, fashion, and fund investments for their members throughout the world.
About EBAN
EBAN serves business angels, business angel networks, seed funds and other early stage investment professionals across Europe. EBAN is the representative in Brussels through direct and indirect membership of more than 250 business angel networks in Europe. These in turn federate some 20.000 angels, and receive about 40.000 business plans a year. EBAN brings together over 100 member organisations in 27 countries today.
About Succès Europe
Succès Europe is a Sophia Antipolis based European investment holding focusing on early-stage investments in the CleanTech, MedTech, ICT and B2B sectors. The founding shareholders and Investment Committee are all serial entrepreneurs or international managers and have founded or been heavily associated with such success stories as SES, GemPlus, Kaerys, COMEX, Adobe, MicroSoft, Nokia, LavaLife, etc. Succès Europe has an active investment philosophy which foresees using the experience, expertise, and network of their founding shareholders and Investment Committee to help their investee companies to global success.