About Kitron
Kitron is a company based in Asker (Norway) founded in 1962. Kitron has raised $9.33 million across 4 funding rounds from investors including European Union and Creades. The company has 13 employees as of April 21, 2025. Kitron has completed 1 acquisition, including BB Electronics.
- Headquarter Asker, Norway
- Employees 13 as on 21 Apr, 2025
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Kitron India Services Private Limited
- Date of Incorporation 01 Sep, 2021
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$663.24 M (USD)-15.01as on Dec 31, 2024
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Net Profit
$28.69 M (USD)-44.22as on Dec 31, 2024
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EBITDA
$68.13 M (USD)-22.2as on Dec 31, 2024
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Total Equity Funding
$9.33 M (USD)
in 4 rounds
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Latest Funding Round
$80.27 K (USD), Grant
Jan 01, 2023
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Investors
European Union
& 1 more
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Employee Count
13
as on Apr 21, 2025
- Investments & Acquisitions
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People of Kitron
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Software Development Team
18 people
Product Management Team
10 people
Human Resources and Administration
9 people
Finance and Accounting
9 people
Key Team
7 people
Senior Team
7 people
Project Team
7 people
Board Team
6 people
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Funding Insights of Kitron
Kitron has successfully raised a total of $9.33M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $80.27 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Kitron
Kitron has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Creades.
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Private equity investments in SMEs are managed by the firm.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Kitron
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Investments & Acquisitions by Kitron
Kitron has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BB Electronics.
Investment portfolio details for Kitron
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electronics manufacturing services are offered from design to after-sales support.
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Locked | Locked | 1975 | Locked |
Complete acquisition details for Kitron
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Financial Statements - Kitron
Detailed financials for Kitron
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Kitron Comparisons
Peer comparison for Kitron
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Competitors of Kitron
Detailed competitors of Kitron
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Latest news on Kitron
Complete news archive for Kitron
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Frequently Asked Questions about Kitron
Kitron was founded in 1962 and raised its 1st funding round 43 years after it was founded.
Kitron is headquartered in Asker, Norway. It is registered at Asker, Viken, Norway.
Kitron is a funded company, having raised a total of $9.33M across 4 funding rounds to date.
As of Apr 21, 2025, the latest employee count at Kitron is 13.
Annual revenue of Kitron is $663.24M as on Dec 31, 2024.
The company was founded in 1962 and is based in Asker, Norway. Electronic manufacturing services are operated across Scandinavia, with a focus on contract production of goods containing electronic components. The supply chain is managed from product development through to distribution, while repair and maintenance activities are also handled. Operations remain centered in the electronics sector for industrial clients.
Kitron has made 1 acquisition, including BB Electronics.
Kitron has 2 investors. Key investors include European Union, and Creades.