About TOMRA
TOMRA is a company based in Asker (Norway) founded in 1972.. The company has 4,950 employees as of December 31, 2024. TOMRA has completed 8 acquisitions, including BBC Technologies, BEST Sorting and BottleCycler. TOMRA operates in a competitive market with competitors including Olyns, Cuploop, Loop, Zeleno and Biocrux, among others.
- Headquarter Asker, Norway
- Employees 4950 as on 31 Dec, 2024
- Stage Public
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tomra Systems Asa
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Annual Revenue
$1.38 B (USD)6.24as on Dec 31, 2024
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Net Profit
$96.01 M (USD)56.53as on Dec 31, 2024
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EBITDA
$252.79 M (USD)30.38as on Dec 31, 2024
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Latest Funding Round
$248.63 K (USD), Grant
Jun 01, 2017
- Investors
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Employee Count
4950
as on Dec 31, 2024
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Investments & Acquisitions
BBC Technologies
& 7 more
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IPO & Listings of TOMRA
TOMRA is a publicly listed company on the OSL with ticker symbol TOM in Norway, operating in the Producer manufacturing 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.
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Leadership Team
21 people
Sales and Marketing
12 people
Human Resources and Administration
9 people
Software Development Team
8 people
Legal and Compliance
7 people
Finance and Accounting
6 people
Head Team
4 people
Project Team
4 people
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Funding Insights of TOMRA
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $248,629
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First Round
First Round
(06 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Grant - TOMRA | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - TOMRA | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TOMRA
TOMRA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TOMRA
TOMRA has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BBC Technologies, BEST Sorting and BottleCycler. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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CLYNK provides easy bottle and can redemption via app, bags, and stations for recycling.
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2006 | ||||
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Waste management solutions are provided, including software and telematics systems.
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2005 | ||||
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Customized packhouse management systems are provided for fresh produce operations.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TOMRA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tomra Comparisons
Competitors of TOMRA
TOMRA 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 Olyns, Cuploop, Loop, Zeleno and Biocrux, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered smart kiosks are provided for plastic waste collection.
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| domain | founded_year | HQ Location |
Automated plastic waste collection solutions are provided via smart kiosks.
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| domain | founded_year | HQ Location |
Loop is recognized for its innovative digital photo frame.
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| domain | founded_year | HQ Location |
Recyclable waste is collected through kiosks with user rewards provided.
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| domain | founded_year | HQ Location |
Provides reverse vending machines for plastic recycling solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tomra
Frequently Asked Questions about TOMRA
When was TOMRA founded?
TOMRA was founded in 1972 and raised its 1st funding round 45 years after it was founded.
Where is TOMRA located?
TOMRA is headquartered in Asker, Norway. It is registered at Asker, Viken, Norway.
How many employees does TOMRA have?
As of Dec 31, 2024, the latest employee count at TOMRA is 4,950.
What is the annual revenue of TOMRA?
Annual revenue of TOMRA is $1.38B as on Dec 31, 2024.
What does TOMRA do?
Provider of sensorbased recycling and sorting solutions. Its offerings include reverse vending machines for automated collection of beverage containers and sensor-based sorting systems for recycling, food processing, and mining industries. It also provides digital tools for data-driven optimization of operations, including realtime dashboards, remote diagnostics, and predictive maintenance services. The platform uses AIenabled optical sensors, deeplearningbased sorting algorithms, cloudconnected analytics, and modular hardware design to enhance circularity and resource productivity.
Is TOMRA publicly traded?
Yes, TOMRA is publicly traded on OSL under the ticker symbol TOM.
How many acquisitions has TOMRA made?
TOMRA has made 8 acquisitions, including BBC Technologies, BEST Sorting, and BottleCycler.
Who are TOMRA's investors?
TOMRA has 1 investor. Key investors include European Union.
What is TOMRA's ticker symbol?
The ticker symbol of TOMRA is TOM on OSL.