Oxford Flow, a developer of precision engineered products, has secured the first investment from Oxford’s new £320m investment company.
Oxford Flow won the prestigious ‘Pitching for Success’ prize, at this year’s VentureFest event. The company emerged as the winner of the Dragon’s Den style competition after pitches from 25 entrepreneurial start-up companies.
Eileen Modral from Oxford Innovation, who led Pitching for Success said: “This year, companies gave some of the most exceptional business pitches I have seen over the past decade that I’ve been involved with the initiative.”
Innovative flow regulator developer Oxford Flow has secured a Proof of Market grant from Innovate UK, the country’s innovation agency.
CEO Simon Hombersley: “This first grant is a great start for our new company, recently spun-out from Oxford University. Our technology is already proven in the lab and initial test sites; it’s vital that we develop products specifically to meet the needs of our markets and our industrial customers. This grant will enhance and improve our understanding of industrial needs.”