UK-based valve and regulator technology specialist Oxford Flow has secured a $25 million (£20 million) investment in a Series C funding round co-led by bp Ventures and Energy Impact Partners (EIP).
The funding will drive the scale-up of Oxford Flow’s operations and support its efforts to tackle critical challenges in the energy sector, including reducing fugitive emissions and improving valve reliability.
Founded in 2015 by Professor Thomas Povey, Oxford Flow was spun out of the University of Oxford’s Thermofluids Institute. The company’s valves eliminate traditional mechanical components like drive trains, stems, and diaphragms, addressing common failure points and leak paths. This design reduces wear and maintenance costs while minimising emissions from valves used in fuel extraction, production, and transportation.
“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,” said Gareth Burns, Vice President of bp Ventures.
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