North Kingstown RI, March 31, 2020 – Clarke Valve (“Clarke”) today completed the sale of $10 million of Series C Preferred Stock to a group of investors led by YBA Kanoo Group (“Kanoo”). Mr. Ali Abdulla Kanoo, President of the…
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Clarke Valve, a portfolio company of Saudi Aramco Energy Ventures, Chevron Technology Ventures, and OGCI Climate Investments, announced today that it has secured a CE Marking, following the successful completion of the certification guidelines outlined in PED Module H 2014/68/EU….
The world’s most compact, efficient, and environmentally responsible control valve has achieved yet another performance benchmark, completing over 100,000 mechanical cycles while consistently surpassing the most stringent standard for fugitive methane emissions.
Today, Clarke Valve completed the sale of $10 million of Series B Preferred Stock to a group of investors led by Saudi Aramco Energy Ventures (“SAEV”). Chevron Technology Ventures (“CTV”) participated in the round.
Daniel Carter of SAEV US, stated, “Clarke’s unique Dilating Disk™ Valve design provides a step change in control valve technology. We see wide ranging applications for this new type of valve in the Oil and Gas industry and beyond.”