The Full List of 5 Unicorn Startups in Norway (2026)
Norway is home to five unicorn companies, with a strong presence in industrial automation and software. The group is led by AutoStore, a warehouse automation company with an $8 billion valuation.
The list also includes companies like the digital paper tablet maker reMarkable and crypto analytics platform Dune Analytics, both valued at $1 billion. Cognite, an industrial data platform, has reached a $2 billion valuation.
Below is the full list of 5 Norway unicorn startups at this time.
Top 5 Most Valuable Norway Unicorns
AutoStore builds a cube-based automated storage and retrieval system designed to maximize warehouse space. Their robot-powered grid helps companies increase storage density and accelerate order fulfillment.
| Valuation | $8B |
| Headquarters | Vatne, More og Romsdal, Norway |
| Year Founded | 1997 |
| Founders | Ingvar Hognaland |
| Funding Amount | $2.8B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | — |
| Top Investors | SoftBank |
Cognite develops an industrial DataOps platform that helps heavy-asset industries manage and scale their operational data. Their core product, Cognite Data Fusion®, contextualizes complex data from sources like equipment and sensors to improve operational efficiency and safety.
| Valuation | $2B (Joined May 2021) |
| Headquarters | Lysaker, Akershus, Norway |
| Year Founded | 2016 |
| Founders | Fredrik Anfinsen, Geir Engdahl, John Markus Lervik, Stein Danielsen |
| Funding Amount | $338.2M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Saudi Aramco, Accel, TCV, Aker |
reMarkable builds digital paper tablets that replace traditional notebooks with a paper-like writing experience. The devices feature a distraction-free interface, helping users focus on taking notes, reading, and annotating documents.
| Valuation | $1B (Joined May 2022) |
| Headquarters | Oslo, Oslo, Norway |
| Year Founded | 2013 |
| Founders | Magnus Wanberg |
| Funding Amount | $104M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Startuplab, Spark Capital, Danske Bank |
Dune Analytics builds a powerful analytics platform for exploring public blockchain data with SQL. Their tool is widely used by a community of analysts to create and share dashboards that visualize complex on-chain activity.
| Valuation | $1B (Joined February 2022) |
| Headquarters | Oslo, Oslo, Norway |
| Year Founded | 2018 |
| Founders | Fredrik Haga, Mats Olsen |
| Funding Amount | $79.4M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Redpoint, Coinbase Ventures, Coatue, Dragonfly, Union Square Ventures |
Gelato created a software platform that gives e-commerce sellers access to the world's largest network for on-demand production. This system allows creators and entrepreneurs to produce and ship customized print products locally in 32 countries, reducing waste and delivery times.
| Valuation | $1B (Joined August 2021) |
| Headquarters | Oslo, Oslo, Norway |
| Year Founded | 2007 |
| Founders | Henrik Müller-Hansen |
| Funding Amount | $269M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Goldman Sachs Asset Management, Dawn Capital, SoftBank Vision Fund, Insight Partners, SEB Pension Fund |
