# Clarke Industrial Engineering

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clarke-industrial-engineering

- Industry: Industrial Machinery
- Headquarters: US
- Website: www.clarkevalve.com
- Total disclosed funding: $32M
- Latest round: Series D (Jul 6, 2022)
- Investors on record: 7

## About

Clarke Industrial Engineering, Inc. specializes in designing and manufacturing innovative dilating disk valve technology essential for efficient flow control across various industrial sectors.Clarke Industrial Engineering, Inc., headquartered in the US, was founded in 2011. The company focuses on the development of advanced valve solutions, specifically dilating disk valves, catering to the needs of diverse industrial applications. The company has successfully engaged in 9 deals and recently completed a Series D funding round in which they raised USD 5.000 mn, led by Flowserve Corporation, with participation from investors such as Aramco Ventures and Chevron Technology Ventures. The current valuation of the company stands at USD 21.412 mn. The CEO, Kyle Daniels, oversees operations and strategic direction.Clarke Industrial Engineering, Inc. develops and manufactures dilating disk valve technology, crucial for efficient flow control in various industrial applications. These valves are engineered to enhance reliability and performance, particularly in sectors like petrochemicals, water treatment, and power generation, addressing the demand for precise fluid regulation and minimizing leakage risks. The company supplies these advanced valve solutions to a broad clientele, including major industrial manufacturers and infrastructure projects across Europe, North America, and Asia.Clarke Industrial Engineering, Inc. generates revenue through direct sales of its dilating disk valves and associated services to industrial clients. Their business model is B2B, involving agreements with manufacturers and distributors who integrate these valves into their systems. Clients typically engage in both one-time purchases and long-term contracts, which may include maintenance and technical support. The pricing structure for the dilating disk valves reflects the complexity and customization required for various applications, ensuring that clients receive tailored solutions essential for their operations.Clarke Industrial Engineering, Inc. is poised for growth with plans to launch new products designed to meet evolving industry standards. The company aims to expand its market presence in Europe and Asia by 2025, leveraging its latest fundraising to support product development and market penetration. The recent venture funding from Trog Hawley Capital will be allocated toward enhancing manufacturing capabilities and pursuing strategic partnerships within the industry, further solidifying the company's position in the market.

## Funding rounds

- Series D, Jul 6, 2022, $5M — Chevron Technology Ventures, New World Angels, Aramco Ventures, Flowserve Corporation, Oil and Gas Climate Initiative
- Series C, Mar 24, 2020, $10M — Kanoo Group, Chevron Technology Ventures, New World Angels, Aramco Ventures, Ocean Azul Partners, Oil and Gas Climate Initiative
- Series B, Sep 25, 2018, $5.5M — New World Angels, Ocean Azul Partners, Oil and Gas Climate Initiative
- Series B, Feb 7, 2018, $10M — Chevron Technology Ventures, New World Angels, Aramco Ventures
- Series A, Jul 3, 2014, $1M — New World Angels

## Investors

- New World Angels (https://capitalatlas.ai/funds/new-world-angels) — Series A, Series B, Series C, Series D
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series B, Series C, Series D
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series B, Series C, Series D
- Ocean Azul Partners (https://capitalatlas.ai/funds/ocean-azul-partners) — Series B, Series C
- Oil and Gas Climate Initiative — Series B, Series C, Series D
- Kanoo Group — Series C
- Flowserve Corporation — Series D