Oxford Flow, the flow control equipment specialist based in the city, has raised GBP 8.45M to fuel the company’s expansion across the utility and industrials markets, and oil and gas product development.
The funding has been secured from eight parties, with existing investors Oxford Sciences Innovation (OSI), Parkwalk, Oxford Investment Consultants, and the University of Oxford contributing a total of GBP 5.6M. The remaining amount is made up of GF Piping Systems, a division of Georg Fischer, a Swiss leader in fluid transfer equipment, individual investor Nick Harbinson and companies associated with GK Goh, the Singapore-based investment group.
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.