Industrial products manufacturing startup closes $10M fundraising round

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Clarke Industrial Engineering, an industrial products manufacturing startup with dual offices in Miami and Rhode Island, has raised $10 million to expand its line of control valves for industries ranging from oil and gas to paper manufacturing.

Founded in Miami in 2011, Clarke Industrial’s proprietary Shuttle Valve has garnered the attention of investors and customers alike, functioning like a shutter, rather than a traditional gate valve, to improve flow control, reduce pressure decreases and prevent leaks in a number of settings. The company today serves blue-chip customers in the gas, water, power, paper, and chemical industries.