Local water filtration firm secures $2M from investors; opens new Olive Branch facility

With its new production facility now operational, a Memphis water purification firm has secured millions in financial backing.

On March 22, Glanris announced it raised $2 million in a Series A round of funding for its patented 901x water filtration media, according to a release. Investors included: Riceland, Pittco Capital, Innova, and Sage.

Glanris said this brings total investments to $2.8 million. The company also announced the opening of a new 60,000-square-foot production facility in Olive…


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