Opti Raises $5.5M to Scale Intelligent Stormwater Management
Renewal3 portfolio company, Opti, has successfully closed $5.5M in equity funding. Renewal3 is a proud participant in the raise, which will accelerate Opti’s growth and allow the Company to significantly scale operations across the USA.
“Opti is focused on delivering cleaner water and flood control for communities around the country at scales that directly and positively impact people’s ability to safely enjoy and beneficially use their water resources,” said Marcus Quigley, CEO of Opti. “We are particularly proud that we can achieve these outcomes while also dramatically reducing both capital and operations and maintenance costs for our customers. Our partnership with EIF and our existing investors enables Opti to continue to build on our success to date and grow our business aggressively in the marketplace.”
Read the full release here: http://www.prnewswire.com/news-releases/opti-raises-55m-to-scale-intelligent-stormwater-management