Home Infra UK’s Oxford Flow Secures €23.7 Million to Scale Valve Tech and Reduce Emissions

UK’s Oxford Flow Secures €23.7 Million to Scale Valve Tech and Reduce Emissions

0
UK’s Oxford Flow Secures €23.7 Million to Scale Valve Tech and Reduce Emissions

The new funding will empower Oxford Flow to scale its operations, boost production capacity, and develop cutting-edge valve and regulator technologies further. These advancements are designed to enhance reliability, reduce maintenance demands, and significantly cut fugitive emissions, marking a transformative step for the energy sector.

Born out of the prestigious University of Oxford, Oxford Flow’s innovative solutions are poised to redefine efficiency and sustainability within the energy industry. The company is driving the shift toward a more sustainable, low-emission future by addressing critical challenges in energy infrastructure.

Neil Poxon, CEO of Oxford Flow, commented: “Since our inception at the OTI at the University of Oxford, we have been all about creating solutions for the energy sector. Oxford Flow was borne out of a want to revolutionise valve technology that seemed to have remained stagnant for more than 100 years.

We’re proud of what we’ve achieved over the last nine years, having been granted almost 60 patents for our technology. ​With this recent investment, we look forward to expanding our team and production capacity and, most importantly, exploring ways Oxford Flow can help the industry reduce fugitive emissions,” he added.

Founded in 2015 by Professor Thomas Povey, Oxford Flow is revolutionising valve design with its cutting-edge technologies. The company specialises in gas and liquid regulators, actuated valves, and ancillary products, all developed to address critical inefficiencies in traditional systems.

Oxford Flow’s technology eliminates the need for mechanical drive trains, stems, and diaphragms, significantly reducing wear and minimising the risk of failure. This innovation enhances durability and reliability and provides solutions to critical challenges like methane emissions, a major contributor to global greenhouse gas emissions.

Gareth Burns, Vice President of BP Ventures, said: “Oxford Flow’s technology could be important for BP’s core operations, helping reduce maintenance and downtime costs at our production facilities, as well as being utilised for other emerging businesses such as hydrogen. We’re excited to be investing in a UK business and the economy as we look for new ways to increase reliability in our operations.

We look forward to supporting Oxford Flow in partnership with bp Ventures as the company scales up its operations,” commented Steven Yang, Principal at EIP. “Methane emission reduction is one of the most cost-effective strategies for global greenhouse gas abatement. We believe Oxford Flow’s innovative valves and regulators are strategically important for upstream, midstream and gas utility operators focused on minimising fugitive emissions and lowering operating costs. We also see Oxford Flow playing an important role in enabling infrastructure for use – cases such as hydrogen, ammonia, and captured CO2.