Gradiant Raises $225 Million and Hits Unicorn Status

Gradiant is a global end-to-end solutions provider of advanced water and wastewater treatment. The company offers end-to-end water treatment and digital solutions across industries, including semiconductors, pharmaceuticals, food & beverage, lithium and critical minerals, and renewable energy. With a focus on innovative and sustainable solutions, Gradiant is committed to helping communities and businesses around the world access clean water and protect our natural resources.

Gradiant has raised $225 million in its first close of Series D financing. The new round was led by BoltRock Holdings and Centaurus Capital, bringing Gradiant’s valuation to $1 billion. Gradiant intends to use the fresh funding to continue its expansion into strategic markets and support growth into new geographies, such as the Middle East and Europe, and further fuel Gradiant’s R&D programs. In total, the company has raised $392 million till that moment.

Gradiant, Woburn, Massachusetts, United States, was founded in 2013 by Prakash Govindan and Anurag Bajpayee. “This investment is a testament to Gradiant’s proven track record of rapidly inventing and commercializing water technologies to make a real difference in the economic and environmental footprints of our industrial customers,” said Anurag Bajpayee, Co-Founder and CEO of Gradiant. “BoltRock and Centaurus share our vision and bring smart, long-term capital that will help Gradiant grow into the world’s most impactful water company.”

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