News

December 6, 2022

Online grocer Oda raises €150m but loses its unicorn valuation

“That’s just something you have to accept,” says Oda’s founder


Mimi Billing

4 min read

Oda's CEO Karl Munthe-Kaas and investors

Norwegian online grocery store Oda (previously Kolonial) is today announcing a €150m funding round at a post-money valuation of €350m — less than half of what it was valued at in 2021.

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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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