Clarke Valve closes USD 5 million in Series D funding, led by Flowserve Corporation

Clarke Valve closed a Series D Preferred Stock 5-million-dollar funding round. This Series D round was led by Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets. Additional funding was provided by OGCI Climate Investments, Saudi Aramco Energy Ventures, Chevron Technology Ventures, and New World Angels.

“We are delighted to welcome Flowserve, a global leader in flow control offerings, as an investor in Clarke Valve. We are looking forward to working with Flowserve to accelerate the commercial expansion of Clarke Valve’s technology and therefore grow its impact,” Vice President Stakeholder Management for OGCI Climate Investments, Roger Humphreville said. “Clarke Valve’s technology helps companies sharply reduce methane leaks, a vital near-term element of the world’s push to curb greenhouse gas (GHG) emissions.”

“Clarke Valve is pleased to welcome Flowserve to our family of world class investors. We all share the same vision of utilizing cutting-edge flow control technology to create a positive impact for industry, the environment, and our shareholders,” said Clarke Valve’s CEO, Kyle Daniels.

“We look forward to the mutual opportunities this investment will provide Flowserve and Clarke Valve,” said Scott Rowe, Flowserve president and chief executive officer. “As we continue to advance Flowserve’s Diversification, Decarbonization and Digitization strategy, this partnership will allow us to better support our customers with Clarke Valve’s innovative valve technologies and together help make the world a better place for everyone.”