Tuesday, July 5, 2016

Zahroof Valves Scores Funding From Saudi Aramco

Houston-based Zahroof Valves, a developer of reciprocating compressor valves used in the oil and gas industry, has scored a Series C funding from both Saudi Aramco Energy Ventures and NGP Energy Technology Partners. Size of the funding was not announced, however, a regulatory filing indicates the round was $6.3M. The company said the funding will go towards growth and global expansion. Zahroof Valves (ZVI) is led by Tony Gioffredi. More information »