Workday to acquire Sana Labs for $1.1 billion

Workday has announced that it will acquire Stockholm-founded Sana Labs for $1.1 billion in cash (with closing expected before January 31st, 2026).

This can have a significant impact on the Stockholm ecosystem as a large share of Sana’s shareholders are Swedish, that could recycle some of the gains.

Congrats to Joel and the rest of the team!

Author: Henrik Torstensson

Partner at Alliance VC. Investing in Nordic early-stage tech startups.

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