Sonitus Medical raised $25m in its series D round led by venture capital firm Abingworth.

The $5.5m Wolverine Venture Fund, managed by students at The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the US-based University of Michigan Ross School of Business, has reinvested in the consortium backing local medical device company Sonitus Medical.

Sonitus Medical raised $25m in its series D round led by venture capital firm Abingworth.

Sonitus said all other current venture backers joined the D round. Its website lists its investors as including Novartis Venture Funds, the CIA’s…

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