bp Ventures and EIP co-led a $25 million (EUR 23 million) Series C funding round for Oxford Flow, a UK valve technology company without mechanical drive train, to scale up operations.

Shipham Valves, a East Yorkshire valve maker now independent after leaving Wärtsilä, completed a spring 2022 investment programme buying eight new machines and pressure testing equipment.

Haskel Hydrogen Systems received a multimillion-dollar investment from parent Ingersoll Rand to treble the capacity of its Sunderland site and fund international expansion. The amount was not disclosed.

Private equity investor LDC backed the management buyout of Stuart Turner, a UK water pump and pressure solutions business, to fund buy-and-build growth in commercial pumps. Existing shareholders are exiting; the deal value was not disclosed.

ChargePoint Technology invested in a new 5-axis machine, automated washing plant and coordinate measuring machine at its Liverpool headquarters, as part of a wider £1 million investment to speed production of containment valves up to 350mm.