Clarke Industrial Engineering Inc., a North Kingstown, RI-based designer and supplier of the patented Shutter Valve, recently completed its 3rd round of venture funding bringing the total raised to $3.7m.
The round was led by Bill Pruitt and his associates with participation from existing investor New World Angels (NWA). In conjunction with the funding, Bill Pruitt, along with Alexander J. Blake, an initial and continuing investor, have joined Clarke’s Board of Directors.
Led by Kyle Daniels, Founder and CEO, and Mark Kacer, CFO/COO, Clarke Industrial Engineering applies aerospace-inspired design concepts to the field of flow control to develop premium industrial valves.
The company will use the funds for production of our 1”, 2” and 4” Shutter Valves.