US-based medical device company CircuLite raised $30m last Wednesday in a series D round funded by investors including Crédit Agricole Private Equity, the private equity division of the French banking group and ABN Amro spin-out Forbion Capital Partners.

Forbion is the largest investor in the company and the pair of investors were joined by SB Life Science Ventures, Saints Capital and Foundation Medical Partners, and MacAndrews & Forbes Holding, which acts as the investment holding company for investor Ron Perelman.

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