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TOMRA - About the company

TOMRA is a public company based in Asker (Norway), founded in 1972 by Tore Planke and Petter Planke. It operates as a Provider of sensor‑based recycling and sorting solutions. TOMRA has raised an undisclosed amount in funding. The company has 20 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like DOPS Recycling Technologies, Hydrova and NomadEngenuity.

Company Details

Provider of sensor‑based 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 real‑time dashboards, remote diagnostics, and predictive maintenance services. The platform uses AI‑enabled optical sensors, deep‑learning‑based sorting algorithms, cloud‑connected analytics, and modular hardware design to enhance circularity and resource productivity. 
Website
tomra.com
Email ID
*****@tomra.com
Phone Number
+47 **********
Registered Address
West Sacramento, California
Key Metrics
Founded Year
1972
Location
Asker, Norway
Stage
Public
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2021
Employee Count
1,000 - 4,999 as on Mar 01, 2026
Investment & Acquisitions
Exit Details
Public

TOMRA's IPO details

TOMRA got listed on Nov 20, 2009.
Click here to take a look at TOMRA's IPO in detail
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TOMRA's funding and investors

TOMRA has raised funding over 2 rounds. Its first funding round was on Jan 06, 2017. TOMRA has 6 institutional investors.

Here is the list of recent funding rounds of TOMRA:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2017
4623144
Grant (prize money)
4825065
7556656
5045612
8434131
Jan 06, 2017
1692474
Grant (prize money)
5951877
8150499
1362922
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TOMRA's founders and board of directors

Founder? Claim Profile
The founders of TOMRA are Tore Planke and Petter Planke.
Here are the details of TOMRA's key team members:

TOMRA's employee count trend

TOMRA has 1,000 - 4,999 employees as of Mar 26. Here is TOMRA's employee count trend over the years:
Employee count trend for TOMRA
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TOMRA's Competitors and alternates

Top competitors of TOMRA include DOPS Recycling Technologies, Hydrova and NomadEngenuity. Here is the list of Top 10 competitors of TOMRA, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TOMRA
TOMRA
1972, Asker (Norway), Public
Provider of sensor‑based recycling and sorting solutions
-
71/100
2nd
Provider of the solution to convert waste into raw materials
$5.69M
37/100
3rd
Logo for Hydrova
Hydrova
2020, Santa Ana (United States), Seed
Dross recycling solution provider
$1M
36/100
4th
Logo for NomadEngenuity
NomadEngenuity
2014, Covilha (Portugal), Unfunded
AI and blockchain powered technology solution
-
-
27/100
5th
Logo for FPD Recycling
FPD Recycling
2018, Lakewood (United States), Funding Raised
Technology solutions provider for flat panel display recycling
-
 
25/100
6th
Logo for Grycle
Grycle
2017, Milano (Italy), Unfunded
Provider of solutions to transform waste into raw materials
-
-
25/100
7th
Logo for GHI Hornos Industriales
GHI Hornos Industriales
2002, Galdakao (Spain), Funding Raised
Designer and manufacturer of industrial aluminum recycling furnaces
-
22/100
8th
Manufacturer of recycling plants for lead batteries aluminum and plastic
-
-
20/100
9th
Logo for Peregrine Technologies
Peregrine Technologies
2019, Limerick (Ireland), Funding Raised
Provider of automated recycling solution
-
18/100
10th
Logo for Cevgo
Cevgo
2026, Nilufer (Turkey), Unfunded
Developer of circular economy systems for resource recovery and management
-
-
18/100
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TOMRA's Investments and acquisitions

TOMRA has made 1 investments in companies including Polyperception. TOMRA has also acquired 8 companies including CLYNK and c-trace.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 22, 2025
Acquisition
2006
South Portland (United States)
Oct 24, 2024
Acquisition
2005
Bielefeld (Germany)
Feb 16, 2024
Investments
2021
Antwerp (Belgium)
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See all acquisitions by TOMRA

Reports related to TOMRA

Here is the latest report on TOMRA's sector:

News related to TOMRA

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Media has covered TOMRA for a total of 23 events in the last 1 year, 12 of them have been about company updates.
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FAQs about TOMRA

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