One of the largest venture capitalists in the United Kingdom, Albion Ventures, had led a substantial investment in health and biomedical informatics company Aridhia Informatics Ltd. Another founding investor, Scottish Equity Partners also participated in the round.
Aridhai was established in 2008 and calls Edinburgh, Scotland as its headquarters. Its founderd are Dr David Sibbald OBE and Professor Andrew Morris, Dean and Professor of Medicine at the University of Dundee, Scotland.
Aridhia had formed a sector-leading informatics platform utilizing analytical tools to support differentiated health care and research. It had established a client base of international renown as well as a network of strategic partnerships.
According to Albion Ventures Partner and Head of Healthcare, "We are delighted to be investing in Aridhia, a high growth business that is ideally placed to benefit from the increasingly urgent need to combat chronic disease, the shift to stratified medicine and the application of 'big data' analysis. We have invested in the healthcare IT space for several years and Aridhia represents one of the best opportunities we have seen to date in the sector."
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