Boston & New England CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Gradiant Closes on Series E Financing to Drive Advanced Water Solutions
Bsoton-based Gradiant on Monday announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors.
The financing will support Gradiant’s continued global expansion, including strategic acquisitions, accelerated research and development, and investments in operational scale and IPO readiness. The announcement coincides with unprecedented commercial momentum for Gradiant, fueled by rapid growth in AI infrastructure, semiconductor manufacturing and other mission-critical industries that require advanced water solutions.
“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, which was founded at MIT “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.”
- ◦Financing
