Oxford Flow has secured the first investment from Oxford’s new GBP 320M investment company, Oxford Sciences Innovation (OSI).
Oxford Flow has been spun out of Oxford University’s Department of Engineering Science, with the support of Isis Innovation. Its initial product, a valve, regulating the flow of gases and liquids in industrial processes, is 80% lighter than existing products and can handle over 10 times the volume with a high degree of precision and control. The initial GBP 750K investment from OSI, will be used for marketing the valve and developing high performance products for gas distribution networks and the water industry.
Oxford Flow CEO, Simon Hombersley said: “We expect these valves to be a game-changer in the $3bn pressure regulator market, and a platform for a series of industrial control products. This first investment by Oxford Sciences Innovation recognises the strength of the market-ready technology and the scale of opportunity in engineering innovation for industrial processes.”
Oxford Flow is internet-enabling the platform technology to provide real-time monitoring of the flow of liquids and gases in industrial and everyday settings Oxford Flow launched its initial range of flow regulators at the ASME conference in Montreal in June 2015.
