Oxford Flow, a manufacturer of gas and liquid valves, has become the first spinout to be backed by Oxford University’s recently raised university venturing fund Oxford Sciences Innovation (OSI).
OSI, which raised £320m ($487m) over the second quarter of this year, is supporting Flow with £750,000, and is the sole investor in Flow’s round. The money will be used to further develop the UK-based company’s valves, which are 80% lighter than existing rival products and can handle ten times the volume.
Simon Hombersley, Oxford Flow CEO, 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.”
