Enterprise software supplier Kainos joined Bank of Ireland-backed Kernel Capital for medical diagnostics company Cirdan's latest round.

UK-based medical diagnostics technology developer Cirdan Imaging has raised £3.5m ($5m) in a round that included a £900,000 investment by enterprise software provider Kainos.

The round was led by Kernel Capital, which invested £2m through Bank of Ireland Kernel Capital Growth Fund, a venture capital fund backed by financial services firm Bank of Ireland. It previously invested an undisclosed sum in Cirdan in February 2015.

The state-backed Co Fund NI and Qubis, the commercialisation arm of Queens University Belfast, also…