Kromek

Sedgefield, United Kingdom Founded: 2003 • Age: 23 yrs
Radiation detection solutions are developed for diverse applications.
Annual revenue $35.4M Latest available
Total funding $1.8M 10 rounds
Employees 165 Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
    Industrial Goods & Manufacturing Chemicals & Materials
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Kromek Group Plc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $35.4 M (USD)
    36.61
    as on Apr 30, 2025
  • Net Profit
    $5.01 M (USD)
    0
    as on Apr 30, 2025
  • EBITDA
    $12.11 M (USD)
    250.25
    as on Apr 30, 2025
  • Total Equity Funding
    $1.8 M (USD)

    in 10 rounds

  • Latest Funding Round
    $1.6 M (USD), Grant

    Jan 18, 2024

  • Investors
    HSBC

    & 5 more

  • 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.

Exchange: LSE · Ticker: KMK · Sector: Health technology · UK

Products & Services of Kromek

Kromek offers a comprehensive portfolio of products and services, including RayMon, D5 RIID, CZT Gamma Detectors, and AARM.

Product name locked
Category locked
Primary

Handheld device for radionuclide detection and analysis needs

Product name locked
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Ruggedized handheld for detecting and identifying radioisotopes

Product name locked
Category locked
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Modules for radiological detection in OEM systems

Product name locked
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UAV-based system for aerial radiation monitoring

People of Kromek

Headcount 50-200
Employee Profiles 34
Employee Profiles
People
Arnab Basu
CEO
People
Jim Kinter
Senior Process Engineer
People
Lee Stephenson
Snr Equipment Engineer
People
Berry Beumer
Cco, Advanced Imaging Div. President

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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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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Online government services and information are provided to users.
Locked Locked Locked
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Investor details for Kromek

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  • Investor domains
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Investments & Acquisitions by Kromek

Kromek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include eV Products.

Investments
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Investment portfolio details for Kromek

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Solid-state X-Ray and Gamma-ray detectors are developed using CZT technology.
Locked Locked 1998 Locked
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Complete acquisition details for Kromek

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Financial Statements - Kromek

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Detailed financials for Kromek

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Kromek Comparisons

Kromek Primary company
Description
Radiation detection solutions are developed for diverse appl...
Location
Sedgefield, United Kingdom
Founded Year
2003
Annual Revenue
$35.4 M (USD)
Net Profit
$5.01 M (USD)
EBITDA
$12.11 M (USD)
Employees
165
As of 2024
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Peer comparison for Kromek

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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
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Radiation detection, measurement, analysis, and monitoring products are supplied.
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Developer of CBRNE threat detection and monitoring systems
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CBRNE defense, lab management, and national security solutions are provided.
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Solutions for detecting and monitoring chemicals and explosives are provided.
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Cloud and AI-based platform for weapon detection is developed.
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Detailed competitors of Kromek

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Latest news on Kromek

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Complete news archive for Kromek

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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.

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.

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