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…
