Zahroof Valves gets Series C funding from SAEV

Zahroof Valves Inc. (ZVI) has recently secured Series C funding led by Saudi Aramco Energy Ventures (SAEV), the corporate venturing arm of Saudi Aramco, the world’s leading integrated energy enterprise. Existing investor NGP Energy Technology Partners (NGP ETP) also participated in the financing. The new round of investment lays the groundwork for the next phase in Zahroof Valves’ growth and global expansion.
“We are honored that Saudi Aramco Energy Ventures has decided to make an investment in ZVI and are pleased that NGP Energy Technology Partners continues to support our vision in the reciprocating compressor valve market,”said Tony Gioffredi, Chief Executive Officer of ZVI. “The addition of Saudi Aramco Energy Ventures as a partner is significant, as they are recognized as a value-based strategic partner who invests in companies with strategic importance to its parent Saudi Aramco and other global energy companies.”
The ZVI Straightflo Valve, developed by Zahroof Mohamed, is a revolutionary design that is a direct “drop-in” replacement for all manufacturers’ compressor valves and can be operated in most compression applications. In addition to its industry-leading 10-year warranty, the ZVI Straightflo Valve has been shown to improve valve efficiency by up to 40% and significantly extend run time between valve service intervals by more than a factor of 5X.

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