Savalco, maker of ‘Eco-Valves’ – aerosol valve technology that uses safe, inert gases as propellants, has received £1.6 million in funding from Foresight Williams Technology EIS fund. A specialist fund that supports disruptive technologies with not just proven investment management, but also high performance engineering capability.
Eco-Valve technology enables the use of propellants such as simple fresh air or nitrogen to be used in aerosol cans.
This is significantly better for the environment and far safer than conventional propellants, both in the production process, and for the end user. Conventional propellants are often hydrocarbons, which have the disadvantage of being volatile and flammable.
Salvalco has developed a family of valve designs for a wide range of aerosol products and applications, such as air fresheners, deodorants, cooking oils and sun creams. There is also potential for medical use in devices like asthma inhalers.
These aerosol valve technologies i.e. Eco-Valves are developed from original research carried out by Professor Ghasem Nasr of the Spray Research Group at the University of Salford.
Foresight’s investment will support the development and commercialisation of Salvalco’s technology, including funding further research and development and new products. In addition, Williams Advanced Engineering is available to support the design and optimisation of future valve concepts.
John Holden, Principal, Foresight – “Salvalco is a fantastic investment for the Foresight Williams Technology EIS Fund and a great fit for Williams Advanced Engineering. We know that Williams’ engineers are going to add value to Salvalco and Foresight will support the Company as it looks to capitalise on global opportunities.”
Tom Goldberg, Chairman, Salvalco – “The investment of private venture capital from a prestigious group into Salvalco shows a positive commitment to new technologies and the environment which should bear fruit for all concerned. We look forward to working together for a better future.”
Salvalco’s range of Eco-Valves comprises of:
- The super single gasket valve (SSG) for low viscosity products such as air fresheners and deodorants.
- The low loss valve (LL) for low viscosity oil based products such as antiperspirants, light cooking oils and hairsprays; and for higher viscosity products such as lubricants, gels and creams such as sun cream.
- The metered valve (MV) which provides a metered dosage in applications such as air fresheners and potentially for use with medical products.