Swedish Tech News PRO Sep 16, 2025: Sana, Halon, Ledyer, Etals, ABV, Endform, Solva, Torghandel, Trio Impact Invest, Disruptive Ventures, Fieldstream, Podspace, and more

Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.

Mergers & acquisitions

• Sana (Stockholm, AI-powered knowledge tools for the enterprise, founded 2016) is being acquired by publicly listed US-based enterprise software company Workday, for around $1.1B (English). Sana had raised around $130M in total funding, of which $55M were injected a year ago, at a reported valuation of around $500M. According to data registered with Bolagsverket (sourced via Eivora), Sana founder Joel Hellermark held close to 22% of the Sana equity before the transaction, followed by EQT Ventures (14%), NEA (10%), and Menlo Ventures (9%). Also on the cap table are Biovestor, Neudi Ventures, Max Ventures, Leksell Social Ventures – among many others. In a brief interview with Di Digital, Joel Hellermark insists that Sana will remain as its own brand, with him as CEO and with the headquarters in Stockholm. The plan to continue hiring up to 800 people before the end of 2026 – from today's approximately 300 – remains, he says (Swedish / Di Digital paywall).