[Context: On July 5, Zahroof Valves announced an undisclosed Series C round from Saudi Aramco Ventures and NGP Energy Technology Partners. On the same day, the company filed a Form D showing it had raised $6.29m in equity and options from 4 investors (CIK#0001558896). That brings its total raised to $8.9m, according to FormDs.com.]
Zahroof Valves Secures Series C Funding from Saudi Aramco Energy Ventures and NGP Energy Technology Partners
HOUSTON, July 5, 2016 /PRNewswire/ — Zahroof Valves Inc. (ZVI), today announced it has 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.