Ranking

December 17, 2025

The most active acquirers of European startups in 2025

Sifted counted 860 startup exits across Europe in 2025, though just 75 had terms that were publicly disclosed

Sifted counted 860 startup exits across Europe in 2025, though just 75 had terms that were publicly disclosed. Among the largest were US software giant Workday’s €1bn purchase of Stockholm’s Sana Labs and pharma company Sanofi’s €1.45bn takeover of London biotech Vicebio.

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Ruggero Di Spigna

Ruggero Di Spigna is a Senior Insights & Product Associate at Sifted. Find him on LinkedIn

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