Students in the University of Michigan’s MBA entrepreneurship school have just participated in a huge round — $25 million altogether — for Sonitus, a biomedical devices startup.

The students manage the Wolverine Venture Fund, a $5.5 million fund that generally does small, early-stage investments. Interestingly, quite a few of the fund’s 20 portfolio companies — all hand-picked by students — have been in the life sciences and medical fields.

The Wolverine Fund previously invested in Sonitus in March 2011. Other investors in the previous round included Arboretum Ventures and Affinity Ventures.

To read the full, original article click on this link: Michigan students ‘play VC’ in a $25M biotech round | VentureBeat