Gradiant announced the closing of a Series E financing round that values the company at $2 billion. The financing round was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors.
The new funding will support Gradiant’s continued global expansion, including strategic acquisitions, accelerated research and development initiatives, investments in operational scale, and preparations for a potential IPO. The company said the financing comes amid record commercial momentum driven by growth in AI infrastructure, semiconductor manufacturing, and other industries requiring advanced water solutions.
According to the company, Gradiant is experiencing the largest backlog and strongest pipeline in its history, with significant growth across data centers, semiconductor fabrication facilities, and power infrastructure markets. The company also noted continued strength across food and beverage, pharmaceuticals, petrochemicals, mining, and energy sectors.
Gradiant said the rapid expansion of AI infrastructure has increased demand for water solutions as water availability, reliability, and sustainability become critical constraints for data centers and semiconductor operations. The company’s proprietary technologies, powered by its digital AI platform, are designed to help customers secure water sourcing, maximize water reuse, minimize wastewater discharge, and reduce energy consumption across water-intensive operations.
Founded at Massachusetts Institute of Technology and headquartered in Boston, Gradiant serves industries including semiconductors, data centers, renewable energy, food and beverage, petrochemicals, pharmaceuticals, mining, and critical minerals.
KEY QUOTES:
“AI is re-making the global economy, but behind every chip and every data center lies massive and growing water demand. 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.”
Anurag Bajpayee, Co-Founder And Executive Chairman, Gradiant
“The convergence of AI infrastructure, semiconductor manufacturing growth, industrial sustainability, and water scarcity is creating a once-in-a-generation opportunity. 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.”
David Elia, CEO, Hostplus Superannuation Fund
“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. We are proud to partner with Gradiant as it emerges as one of the world’s most important industrial technology companies.”
Nader Motamedy, Managing Partner, Safar Partners
