About Kromek
Kromek is a company based in Sedgefield (United Kingdom) founded in 2003 by Arnab Basu. Kromek has raised $1.8 million across 10 funding rounds from investors including HSBC, Gov.uk and European Union. The company has 165 employees as of April 30, 2024. Kromek has completed 1 acquisition, including eV Products. Kromek offers products and services including RayMon, D5 RIID, CZT Gamma Detectors, and AARM. Kromek operates in a competitive market with competitors including Mirion, Smiths Detection, Battelle, Serstech and Liberty Defense, among others.
- Headquarter Sedgefield, United Kingdom
- Employees 165 as on 30 Apr, 2024
- Founders Arnab Basu
- Stage Public
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Sectors
TechnologyIndustrial Goods & Manufacturing Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kromek Group Plc
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Annual Revenue
$35.4 M (USD)36.61as on Apr 30, 2025
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Net Profit
$5.01 M (USD)0as on Apr 30, 2025
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EBITDA
$12.11 M (USD)250.25as on Apr 30, 2025
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Total Equity Funding
$1.8 M (USD)
in 10 rounds
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Latest Funding Round
$1.6 M (USD), Grant
Jan 18, 2024
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Investors
HSBC
& 5 more
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Employee Count
165
as on Apr 30, 2024
- Investments & Acquisitions
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IPO & Listings of Kromek
Kromek is a publicly listed company on the LSE with ticker symbol KMK in UK, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Kromek
Kromek offers a comprehensive portfolio of products and services, including RayMon, D5 RIID, CZT Gamma Detectors, and AARM.
Handheld device for radionuclide detection and analysis needs
Ruggedized handheld for detecting and identifying radioisotopes
Modules for radiological detection in OEM systems
UAV-based system for aerial radiation monitoring
People of Kromek
Unlock access to complete
Funding Insights of Kromek
Kromek has successfully raised a total of $1.8M across 10 strategic funding rounds. The most recent funding activity was a Grant round of $1.6 million completed in January 2024. 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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $1.6M
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First Round
First Round
(05 Dec 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Grant - Kromek | Valuation |
investors |
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| Aug, 2022 | Amount | Post-IPO - Kromek | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Kromek | Valuation |
investors |
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Investors in Kromek
Kromek has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, Gov.uk and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Tech and life sciences focused VC firm investing in geographies such as the US and the UK
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Founded Year | Domain | Location | |
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Online government services and information are provided to users.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kromek
Kromek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include eV Products.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solid-state X-Ray and Gamma-ray detectors are developed using CZT technology.
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1998 |
Financial Statements - Kromek
Kromek Comparisons
Competitors of Kromek
Kromek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mirion, Smiths Detection, Battelle, Serstech and Liberty Defense, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Radiation detection, measurement, analysis, and monitoring products are supplied.
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| domain | founded_year | HQ Location |
Developer of CBRNE threat detection and monitoring systems
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| domain | founded_year | HQ Location |
CBRNE defense, lab management, and national security solutions are provided.
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| domain | founded_year | HQ Location |
Solutions for detecting and monitoring chemicals and explosives are provided.
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| domain | founded_year | HQ Location |
Cloud and AI-based platform for weapon detection is developed.
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Frequently Asked Questions about Kromek
Kromek was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Kromek is headquartered in Sedgefield, United Kingdom. It is registered at Sedgefield, County Durham, United Kingdom.
Arnab Basu is the current CEO of Kromek. They have also founded this company.
Kromek is a funded company, having raised a total of $1.8M across 10 funding rounds to date. The company's 1st funding round was a Post-IPO of $13.84M, raised on Dec 05, 2005.
As of Apr 30, 2024, the latest employee count at Kromek is 165.
Annual revenue of Kromek is $35.4M as on Apr 30, 2025.
Founded in 2003 and based in Sedgefield, United Kingdom, radiation detection solutions are provided by the company for sectors including medical, nuclear, and security screening. A platform is offered featuring products derived from sensor materials like cadmium zinc telluride, along with supporting materials, hardware, software, and ASICs. Operations focus on enabling detection across multiple industry verticals.
Kromek's top competitors include Smiths Detection, Battelle and Implant Sciences.
Kromek offers RayMon, D5 RIID, CZT Gamma Detectors, and AARM.
Yes, Kromek is publicly traded on LSE under the ticker symbol KMK.
Kromek has made 1 acquisition, including eV Products.
Kromek has 6 investors. Key investors include HSBC, Gov.uk, European Union, Amphion Innovations, and U.S. Department of Defense.
The ticker symbol of Kromek is KMK on LSE.