Setterwalls has advised New Enterprise Associates in connection with the investment in Sana

Setterwalls has advised New Enterprise Associates (“NEA”) in connection with the investment in Sana Labs AB (“Sana”).

Sana is a Swedish AI-company which is mainly operative within the development of AI-based assistive tools such as an AI-assistant and a learning platform.

The company was founded in 2016 and currently has offices located in Stockholm, London and New York.

NEA is an American venture capital firm mainly investing in technology and healthcare companies at all stages of a company’s lifecycle, from the start-up phase to the IPO. Following the investment, NEA controls 16.87 percent of the share capital and votes in Sana.

Setterwalls acted as local legal counsel for NEA throughout the entire process.