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Oxford Flow has secured an order of nearly US$1 million from bp for its ES stemless axial flow valves. It is the company's largest order to date and supports its expansion in the US market.
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.
GF Piping Systems signed a strategic partnership with Oxford Flow Limited, a UK startup, granting an exclusive license for its pressure-regulating valve in the water utility segment. GF will acquire a 23% minority stake in two steps until 2021; financial terms were not disclosed.
