Romco

London, United Kingdom Founded: 2015 • Age: 11 yrs
Provider of waste recycling services
Annual revenue $17.6M Latest available
Total funding $6.2M 1 rounds
Employees 3 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Romco

Romco is a company based in London (United Kingdom) founded in 2015. Romco has raised $6.2 million across 1 funding round. The company has 3 employees as of August 31, 2020. Romco offers products and services including Aluminium Alloy Ingots, Copper Ingots, and PureCycle™. Romco operates in a competitive market with competitors including Umicore, Befesa, Sims Metal Management, Scrap Metal Services and A.Y. McDonald, among others.

  • Headquarter London, United Kingdom
  • Employees 3 as on 31 Aug, 2020
  • Stage Minicorn
  • Sectors
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Romco Group Ltd
  • Date of Incorporation 24 Aug, 2016
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
    $17.63 M (USD)
    554
    as on Aug 31, 2021
  • Net Profit
    $689.88 K (USD)
    168
    as on Aug 31, 2021
  • EBITDA
    $689.88 K (USD)
    168
    as on Aug 31, 2021
  • Total Equity Funding
    $6.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.2 M (USD), Series A

    Feb 23, 2022

  • Investors
  • Employee Count
    3

    as on Aug 31, 2020

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Products & Services of Romco

Romco offers a comprehensive portfolio of products and services, including Aluminium Alloy Ingots, Copper Ingots, and PureCycle™.

Primary

Recycled ingots from aluminium to reduce emissions and waste

Recycled copper ingots for sustainable industrial applications

Ingot with 100% post-consumer scrap for ultra-low carbon footprint

People of Romco

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Raymond Onovwigun
CEO & Founder

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Funding Insights of Romco

Romco has successfully raised a total of $6.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.2 million completed in February 2022. 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 Rounds 1
  • Last Round Series A — $6.2M
  • First Round

    (23 Feb 2022)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Series A - Romco Valuation

investors

Investments & Acquisitions by Romco

Investments

Financial Statements - Romco

Romco Comparisons

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Competitors of Romco

Romco 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 Umicore, Befesa, Sims Metal Management, Scrap Metal Services and A.Y. McDonald, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Platinum, rhodium, and palladium-based materials are manufactured by Umicore.
domain founded_year HQ Location
Industrial residues from various sectors are recycled by Befesa.
domain founded_year HQ Location
Metal and electronics recycling services are provided worldwide.
domain founded_year HQ Location
Supplier of ferrous and non-ferrous scrap commodities to both domestic and international consumers
domain founded_year HQ Location
Provider of metal recycling services
domain founded_year HQ Location
Metalico, Inc. is engaged in scrap metal processing and recycling.

Latest news on Romco

Frequently Asked Questions about Romco

Romco was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Romco is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Romco is a funded company, having raised a total of $6.2M across 1 funding round to date. The company's 1st funding round was a Series A of $6.2M, raised on Feb 23, 2022.

As of Aug 31, 2020, the latest employee count at Romco is 3.

Annual revenue of Romco is $17.63M as on Aug 31, 2021.

Romco was founded in 2015 and is headquartered in London, United Kingdom. Operations are centered on waste recycling within the environmental services sector. Services encompass the collection, processing, and recovery of recyclable materials, with a focus on metals as indicated by the domain. Activities support sustainable waste management practices across local and regional areas in the UK.

Romco's top competitors include Umicore, Befesa and A.Y. McDonald.

Romco offers Aluminium Alloy Ingots, Copper Ingots, and PureCycle™.

The valuation of Romco is $180M as of Feb 2022.

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