Tech Company Financing Transactions
Clarke Valve Funding Round
Clarke Valve, based in North Kingstown, raised $5 million in investment from Flowserve Corporation, Chevron Technology Ventures and New World Angels.
Transaction Overview
Company Name
Announced On
7/27/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to continue to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
42 Whitecap Dr
North Kingstown, RI 02852
USA
North Kingstown, RI 02852
USA
Phone
Website
Email Address
Overview
Clarke Valve is the exclusive manufacturer of the Dilating Disk� Valve; an advanced technology quarter-turn valve characterized by its three interlocking petals that control the flow of process fluid. It is a torque-seated valve which employs PTFE or Metal to Metal sealing, and offers a patented series of stem seals that are API 641 and ISO 15848-1 certified to reduce fugitive emissions by 98%.
Management Team
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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