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 Autonomous stores, AR and virtual assistants: Startups building the convenience store ecosystem of the future By Aruni Sunil 13 February 2023 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 Agave Games raises $7m amid boom in Turkish mobile gaming By Tim Smith Click here to read more Amazon aggregators: the European competitors, compared By Freya Pratty Click here to read more European startups push into VR healthcare despite industry gloom By Kitty Knowles Click here to read more Why it’s time to call EOP on jargon By Chloe Cordon Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?