Gradiant Closes Series E Funding, at $2 Billion Valuation

The round also saw participation from ClearVision Ventures and other investors. The company is valued at $2M Billion.

The company plans to use the funding to expand globally, pursue strategic acquisitions, speed up research and development, and invest in operational growth and IPO preparation.

The announcement comes as Gradiant experiences strong business growth driven by increasing demand from AI infrastructure, semiconductor manufacturing, and other industries that depend on advanced water treatment solutions.

Gradiant is seeing the strongest growth and largest project pipeline in its history, driven by rising demand from data centers, semiconductor manufacturing, and the power sector. The company also continues to grow across industries, including food and beverage, pharmaceuticals, petrochemicals, mining, and energy. As AI infrastructure expands rapidly, water availability and sustainability have become major challenges for the industry.

“AI is re-making the global economy, but behind every chip and every data center lies massive and growing water demand,” said Anurag Bajpayee, Co-Founder and Executive Chairman of Gradiant. “Gradiant sits at the center of this transformation. We solve the world’s most important water challenges and enable essential industries to grow reliably and sustainably. This new financing gives us more firepower to expand faster, double down on our R&D, and continue building the defining water company of the AI era.”

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“The convergence of AI infrastructure, semiconductor manufacturing growth, industrial sustainability, and water scarcity is creating a once-in-a-generation opportunity,” said David Elia, CEO of Hostplus Superannuation Fund. “We are excited to support Gradiant through its next phase of growth, building upon its deep technological leadership, proven execution capability and strong market momentum.”

“Gradiant is the only water company with truly differentiated technology, operating profitably and at scale, serving some of the world’s largest and most essential companies,” said Nader Motamedy, Managing Partner at Safar Partners. “We are proud to partner with Gradiant as it emerges as one of the world’s most important industrial technology companies.”

Gradiant’s proprietary water technologies and AI-powered digital platform help customers secure water supplies, increase water reuse, reduce wastewater discharge, and lower energy consumption in large industrial operations. In recent years, the company has become one of the fastest-growing businesses in the water industry, supported by its advanced technology, integrated execution model, and leadership approach.

About Gradiant

Founded in 2013, by Prakash Govindan and Anurag Bajpayee, Gradiant provides advanced water and wastewater treatment solutions for industries including semiconductors, data centers, renewable energy, food and beverage, petrochemicals, pharmaceuticals, mining and critical minerals.

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