Oxford Flow has secured USD 25M in Series C funding, co-led by BP Ventures and Energy Impact Partners (EIP), to drive the company’s mission to tackle fugitive emissions and advance energy transition technologies.
Originally founded by Professor Thomas Povey in 2015, Oxford Flow is a spin-out of the Oxford Thermofluids Institute (OTI), an internationally renowned facility for aerospace solutions for jets and rockets, at the University of Oxford. The company’s technology has no mechanical drive train, stem, or diaphragm, mitigating failure modes and leak paths and helping to address some of the challenges faced by the energy sector including improving valve reliability, reducing maintenance costs, and minimising fugitive emissions.
Fugitive emissions are emissions leaks from operational equipment, such as valves and compressors, which can occur during the extraction, production, storage, transportation, or use of fuels. By reimagining the valve design, Oxford Flow has addressed this issue to create valves and regulators that significantly reduce wear, maintenance requirements and minimise fugitive emissions from valves.