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Unicorn startups in Norway (Oct, 2026)

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A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Norway has more than 21K+ startups. Of these, 5 have become Unicorns, with the latest entrant to the club being reMarkable on May 10, 2022. In 2026, Norway has seen no new unicorn startups.
Globally, Norway is number 27 in terms of total Unicorns created, behind Luxembourg (5 unicorns) at rank 26 and Belgium (5 unicorns) at rank 25. Oslo leads the list of cities in Norway with most unicorns at 4. It is followed by Lysaker (1 unicorn). Among sectors, Consumer has seen the most unicorns created at 3, followed by Enterprise Applications at 2, and Retail at 2
Here is a list of all 5 unicorns created in Norway:
reMarkable joined the Unicorn Club on May 10, 2022 after raising a $***** Series B funding round, valuing it at $*****.
Screenshot of the website of reMarkable
Manufacturer of digital tablets designed for handwriting sketching and reading. These devices feature tactile surfaces that simulate the physical experience of pen on paper while providing digital tools for editing and organization. The tablets function as focused workspaces that lack notifications or pop-ups to minimize distractions during tasks. Software integration allows users to convert handwritten notes to text and sync documents across mobile and desktop applications. The hardware supports reading, note-taking, and sketching within a unified environment designed to facilitate workflows without traditional digital interruptions.

Key facts about reMarkable

Dune Analytics joined the Unicorn Club on Feb 02, 2022 after raising a $***** Series B funding round led by Coatue, valuing it at $*****.
Screenshot of the website of Dune Analytics
Data and analytics solutions for cryptocurrency. It enables users to explore and share data from Ethereum Mainnet, Matic, Optimism, and xDai. Its features are key metrics for DeFi and NFTs, query for human-readable data with SQL, smart contract-enabled analysis, and more.

Key facts about Dune Analytics

Gelato joined the Unicorn Club on Aug 16, 2021 after raising a $***** Series D funding round led by Insight Partners, valuing it at $*****.
Screenshot of the website of Gelato
Print-on-demand platform connecting sellers with global local production and fulfillment. It connects sellers with a global network of local print providers and logistics partners, offering product customization, order fulfillment, and integrations with e-commerce platforms such as Shopify, Etsy, Amazon, and WooCommerce.

Key facts about Gelato

  • Founded Year: 2007
  • Location: Oslo (Norway)
  • Stage: Series D
  • Primary Sector: E-Commerce Enablers and Logistics Tech
  • Time to Unicorn: 14 years 7 months
  • Top investors : SEB, SoftBank Group
  • Annual Revenue: $50M - $100M as on Dec 31, 2024
  • Valuation: $*****
  • Total Funding till date: $284M
  • Employee Count: 494 as on Sep 30, 2026
  • Latest Funding Round: Series D, Aug 16, 2021, $*****

2. Oda

Oda joined the Unicorn Club on Jun 06, 2021
Screenshot of the website of Oda
Online platform offerings multi-category grocery products. It offers fruits & vegetables, meat & seafood, rice & spices, and more. Its application features include in-built payment, scheduled delivery, order tracking, and more. The company offers mobile applications for Android and iOS platforms.

Key facts about Oda

Cognite joined the Unicorn Club on May 19, 2021 after raising a $***** Series B funding round led by TCV, valuing it at $*****.
Screenshot of the website of Cognite
Provider of industrial artificial intelligence and data management platform solutions. The platform unifies and contextualizes industrial data, enabling users to automate complex operations. It offers tools for data onboarding, exploration, and pre-built applications for various workflows. The platform is designed to scale digital transformation across different assets and sites. It empowers teams to enrich operations with trustworthy data.

Key facts about Cognite

FAQs about unicorn startups in Norway

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