Clarke Industrial Engineering Raises $1M in Series A Financing

clarkeClarke Industrial Engineering Inc., a N. Kingstown, RI-based designer and supplier of energy-saving valves, raised $1m in Series A financing.

The round was led by New World Angels.

The company intends to use the funds to begin its product roll out which includes the completion of several high profile beta tests with blue chip companies.

Led by Kyle Daniels, CEO and President, Mark Kacer, CFO and COO, and Bill Dambrackas, Executive Chairman, Clarke created the patented energy-saving Shutter Valve, designed to replace butterfly and ball valves to provide improved flow control, low power consumption, reliability, reduced water hammer, and easy maintenance.



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