Yes, it is what is known as double donation. It involves performing an IVF process using both eggs and sperm from donors and not from the intended parents.
Read the full article on: Donor-Egg IVF Procedure for Recipients – Protocol & Cost ( 38).

Andrea Rodrigo
B.Sc., M.Sc.
Bachelor's Degree in Biotechnology from the Polytechnic University of Valencia. Master's Degree in Biotechnology of Human Assisted Reproduction from the University of Valencia along with the Valencian Infertility Institute (IVI). Postgraduate course in Medical Genetics.