5 years ago
Oxford Flow Raises £8.45M to Expand Flow Control Solutions
Oxford Flow, a UK-based flow control equipment specialist, has secured £8.45 million in funding
The funding comes from eight parties, including existing investors Oxford Sciences Innovation, Parkwalk, Oxford Investment Consultants, and the University of Oxford, who contributed a total of £5.6 million
The remaining amount is made up by GF Piping Systems, individual investor Nick Harbinson, and companies associated with GK Goh, the Singapore-based investment group
Oxford Flow intends to use the funds to scale up its utility and industrials manufacturing, increase headcount in Oxford, UK and Houston, US, and continue to expand internationally.
ProblemTechnology
"reducing costs for energy, water, and process industries by improving pressure control equipment"
Solution
"developing innovative pressure reducing valves and gas pressure regulators"