Oxford Flow has raised £8.45m to fuel the company’s expansion across the utility and industrials markets, and oil and gas product development.
Neil Poxon, Oxford Flow CEO, says: “This investment will support our growth as we rapidly scale up our utility and industrials manufacturing, increase headcount in Oxford, U.K. and Houston, U.S., and continue to expand internationally”.
This funding includes a significant investment by GF Piping Systems, into Oxford Flow’s utility and industrials business to access its new technology for value creation within Georg Fischer’s largest division. Oxford Flow’s pressure regulating valve is one of the company’s key innovations; for the water sector it enables utilities to deliver continual supplies of potable water and meeting ever-increasing standards for water quality, leakage control and other levels of service.
Alun Williams, Investment Director at Parkwalk adds: “Oxford Flow is beginning to revolutionize the valve industry through its ground-breaking technology and exciting commercial strategy. It is precisely the type of transformative company Parkwalk is seeking to support so we are delighted to be part of this latest funding round.”
Courtesy of Oxford Flow.