Funded Commerce and Shopping Startups in Norway
Disclosed deal sizes in this Norway commerce and shopping slice show one extreme outlier: Gelato’s $240M round on 2021-08-16 is far above the rest, dwarfin…
Disclosed deal sizes in this Norway commerce and shopping slice show one extreme outlier: Gelato’s $240M round on 2021-08-16 is far above the rest, dwarfing the next-largest disclosed amount of $33M (Otovo, 2022-02-22) and leaving most other disclosed rounds clustered between $1M and $17M (e.g., Leasi $1M on 2024-07-01; Otovo $17M on 2026-03-04; reTyre $8M on 2026-01-12). Stage classification is also skewed toward non-standard labels: 6 of 10 rows are “Series Unknown” in the round type field (Otovo 2026-03-04; reTyre 2026-01-12; Db Journey 2025-06-16; Otovo 2022-02-22; Campanyon 2021-12-22; Gelato 2021-08-16), while 2 of 10 rows are “Venture - Series Unknown” (Otovo 2022-02-22; Gelato 2021-08-16) and 2 of 10 rows have specific named stages ($15M Two, Series A on 2025-07-11; $240M Gelato, Venture - Series Unknown on 2021-08-16). Geographically, Oslo recurs most often (Otovo, Two, Db Journey, BoldBooks, Gelato, Campanyon), while other cities appear only once (Ski for reTyre; Trondheim for Leasi; Sor-Trondelag for Leasi). Temporally, the 10 rows span from 2021-08-16 (Gelato) to 2026-03-04 (Otovo), with three rounds in 2026 (Otovo $17M on 2026-03-04; reTyre $8M on 2026-01-12) and a second local peak in mid-2025 (Two $15M on 2025-07-11; Db Journey undisclosed on 2025-06-16).
Most recent rounds
10 shownRelated listings
Frequently asked
What stands out about the largest disclosed round in Norway’s commerce and shopping list, and how does it compare to the rest?
Gelato’s $240M disclosed round on 2021-08-16 is the only deal above $50M in the shown data; the next-largest disclosed amount is $33M (Otovo on 2022-02-22), with most other disclosed rounds landing between $1M and $17M (e.g., Leasi $1M on 2024-07-01; Otovo $17M on 2026-03-04).
Do the rounds cluster in time, especially near the most recent entries?
Yes: two of the three 2026-dated rows are in early 2026 (reTyre $8M on 2026-01-12 and Otovo $17M on 2026-03-04). Another tight window appears in mid-2025, with Two ($15M on 2025-07-11) and Db Journey (undisclosed on 2025-06-16) both closing within a few weeks.
Is Oslo over-represented among cities in this segment?
Oslo accounts for the majority of entries: Otovo (2026-03-04), Two (2025-07-11), Db Journey (2025-06-16), BoldBooks (2023-02-01), Otovo (2022-02-22), Campanyon (2021-12-22), and Gelato (2021-08-16) are all listed in Oslo. Outside Oslo, Ski (reTyre on 2026-01-12), and Trondheim/Sor-Trondelag (Leasi on 2024-07-01) each appear once.
How does stage/type labeling distribute across these 10 rows, and what fraction is unclear?
Uncertainty dominates the round-type field: 6 of 10 rows are labeled “Series Unknown” (Otovo 2026-03-04 $17M; reTyre 2026-01-12 $8M; Db Journey 2025-06-16 undisclosed; Otovo 2022-02-22 $33M; Campanyon 2021-12-22 $2M; Gelato 2021-08-16 $240M). Specific labeled stages appear in fewer rows: Two is “Series A” on 2025-07-11 ($15M), and Servebolt is “Seed” on 2021-11-10 ($5M), with Leasi “Pre-Seed” on 2024-07-01 ($1M).
Are there unusually small disclosed rounds or other outliers beyond the largest?
Among disclosed amounts, the smallest shown is Leasi’s $1M on 2024-07-01 (Pre-Seed), which sits at the low end relative to other disclosed deals like Servebolt $5M (2021-11-10) and Campanyon $2M (2021-12-22). The other major outlier is Gelato’s $240M (2021-08-16), which is not only the maximum but also qualitatively separated from the next-largest disclosed $33M (Otovo, 2022-02-22).
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