Consumer/News/ Tablet startup Remarkable is Norway’s latest unicorn The company has sold over 1 million tablets since launching the device in 2017. By Sifted reporters 10 May 2022 Magnus Wanberg, Remarkable CEO Magnus Wanberg, Remarkable CEO \Consumer The future is mycelium. Or is it? By Amy Lewin 17 May 2022 Consumer/News/ Tablet startup Remarkable is Norway’s latest unicorn The company has sold over 1 million tablets since launching the device in 2017. By Sifted reporters 10 May 2022 Tablet startup Remarkable is Norway’s latest unicorn after a funding round, the company confirmed on Monday. The company booked $300m in revenue in 2021, more than double the amount of 2020. Ebitda (earnings before interest, taxes, depreciation, and amortisation) was $31m, compared to $12m in 2020. It has sold over 1m of its “paper tablets” since launching the device in 2017, the company said. The company did not confirm the names of the investors nor the amount of the funding round. It last raised a $15m Series A from Spark Capital in 2019. The company was founded in 2013 by CEO Magnus Wanberg as an attempt to reproduce the feeling of writing on paper with a digital tablet. This makes it the fifth Norwegian unicorn that is still private and VC-backed. The others are Cognite, Dune Analytics, Gelato and Oda. Edtech unicorn Kahoot! listed in Oslo in 2021. Check out our Intelligence team’s ranking of every unicorn in Europe, including statistics, valuations and unique Sifted takes. Find it here. Related Articles Sustain chart of the week: What’s Europe’s most popular food waste app? By Connor Bilboe Click here to read more How to step down as a founder: lessons from Pact Coffee By Maija Palmer Click here to read more US on-demand grocery giant Gopuff acquires UK’s Dija By Amy Lewin Click here to read more Top longer reads this week about European tech and startups By Michael Stothard Click here to read more Most Read 1 \Venture Capital Carmen Rico launches Cocoa Ventures, a VC fund designed to act like an angel 2 Member \Startup Life Gender pay gap at UK unicorns: Monzo improves but major imbalance at Revolut 3 Member \Fintech Meet the women leading Europe’s top fintechs 4 \Consumer Flink acquires Cajoo as speedy grocery consolidation gathers pace 5 \Deeptech Here’s what happened when four Polish seniors founded a quantum startup Join the conversation Subscribe Notify of new follow-up comments new replies to my comments
Sustain chart of the week: What’s Europe’s most popular food waste app? By Connor Bilboe Click here to read more
Top longer reads this week about European tech and startups By Michael Stothard Click here to read more