UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

CUSIP No. 86782U106

13G

1.

Names of Reporting Persons
GBS Venture Partners Pty Ltd

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Australia

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
0

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
0

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0%

12.

Type of Reporting Person (See Instructions)
FI

CUSIP No. 86782U106

13G

1.

Names of Reporting Persons
GBS BioVentures II

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Australia

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
0

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
0

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0%

12.

Type of Reporting Person (See Instructions)
FI

CUSIP No. 86782U106

13G

1.

Names of Reporting Persons
GBS BioVentures III

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Australia

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
0

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
0

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0%

12.

Type of Reporting Person (See Instructions)
FI

CUSIP No. 86782U106

13G

Item 1.

(a)

Name of Issuer
Sunshine Heart, Inc.

(b)

Address of Issuer’s Principal Executive Offices
12988 Valley View Road

Eden Prairie, Minnesota 55344

Item 2.

(a)

Name of Person Filing
GBS Venture Partners Pty Ltd

GBS BioVentures II Trust

GBS BioVentures III Trust

(b)

Address of the Principal Office or, if none, Residence
GBS Venture Partners Pty Ltd

5/71 Collins Street

Melbourne VIC 3000 Australia

GBS BioVentures II Trust

5/71 Collins Street

Melbourne VIC 3000 Australia

GBS BioVentures III Trust

5/71 Collins Street

Melbourne VIC 3000 Australia

(c)

Citizenship
GBS Venture Partners Pty Ltd – Australian

GBS BioVentures II Trust – Australian

GBS BioVentures III Trust - Australian

(d)

Title of Class of Securities
Common Stock

(e)

CUSIP Number
86782U106

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

Group, in accordance with § 240.13d-1(b)(1)(ii)(J).

CUSIP No. 86782U106

13G

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

GBS Venture Partners Pty Ltd

(a)

Amount beneficially owned:   

0

(b)

Percent of class:   

0%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote.   

0

(ii)

Shared power to vote or to direct the vote    

0

(iii)

Sole power to dispose or to direct the disposition of   

0

(iv)

Shared power to dispose or to direct the disposition of.   

0

(a)

Amount beneficially owned:   

0

(b)

Percent of class:   

0%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote.   

0

(ii)

Shared power to vote or to direct the vote    

0

(iii)

Sole power to dispose or to direct the disposition of   

0

(iv)

Shared power to dispose or to direct the disposition of.   

0

(a)

Amount beneficially owned:   

0

(b)

Percent of class:   

0%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote.   

0

(ii)

Shared power to vote or to direct the vote    

0

(iii)

Sole power to dispose or to direct the disposition of   

0

(iv)

Shared power to dispose or to direct the disposition of   

0

CUSIP No. 86782U106

13G

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   x.

Instruction. Dissolution of a group requires a response to this item.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

See Item 4

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

N/A

Item 8.

Identification and Classification of Members of the Group.

N/A

Item 9.

Notice of Dissolution of Group.

N/A

Item 10.

Certification.

(a)                                 The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

(b)                                 The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. 86782U106

13G

GBS Venture Partners Pty Ltd

February  6, 2017

Date

/s/ Malin Delling

Signature

Malin Delling, Attorney-in-fact

Name/Title

GBS BioVentures II Trust

February  6, 2017

Date

/s/ Malin Delling

Signature

Malin Delling, Attorney-in-fact

Name/Title

GBS BioVentures III Trust

February  6, 2017

Date

/s/ Malin Delling

Signature

Malin Delling, Attorney-in-fact

Name/Title

By:

/s/ Benjamin Gust

Name: Benjamin Gust

Title: Director

By:

/s/ Benjamin Gust

Name: Benjamin Gust

Title: Director

By:

/s/ Benjamin Gust

Name: Benjamin Gust

Title: Director