MD Start, a Switzerland-based healthcare incubator, has added as an investor Italy-based medical device maker Sorin Group to US peer Medtronic.
Medtronic had backed MD Start soon after its launch in 2009.
André-Michel Ballester, chief executive of Sorin Group, which in October paid $10m to the US government to settle a sales and marketing investigation, said: "Through MD Start, Sorin Group aims to accelerate the development of revolutionary medical device technologies in Europe."
Venture capital firm Versant Ventures has also joined MD start, alongside VC peer Sofinnova Partners and Contract Medical International.
European medical device entrepreneurs Tim Lenihan and Gérard Hascoët founded MD Start.