How Much Did Gradiant Raise? Headquarters, Funding & Key Investors

Gradiant, founded in 2013 and headquartered in Woburn, United States, has raised a total of $400 million across multiple funding rounds, reaching a $1 billion valuation in May 2023. The company’s funding includes a $1.4 million Seed round, $1.4 million Series A, $28 million Series B, and $330 million across Series C–D rounds led by Schlumberger New Energy, Warburg Pincus, and BoltRock Holdings. With 201-500 employees, Gradiant specializes in industrial water treatment technologies, focusing on PFAS removal, lithium extraction, and green hydrogen production for sustainable industrial operations.

How Much Did Gradiant Raise? Funding & Key Investors

Gradiant has raised significant capital across multiple funding rounds, most recently securing $225 million in Series D funding on May 05, 2023, achieving a $1 billion valuation. Founded in 2013, Gradiant specializes in industrial water treatment technologies, providing turnkey systems for water reduction, reclamation, and resource recovery. The company builds in-house chemical formulations and addresses challenges in PFAS removal, lithium extraction, and green hydrogen production, positioning Gradiant as a leader in sustainable water and wastewater management solutions for industrial applications.

What Is Gradiant and What Does It Do?

Gradiant, founded in 2013 by Anurag Bajpayee and Prakash Govindan, is a leading industrial water treatment solutions provider. Headquartered in Woburn, United States, the company delivers turnkey treatment systems designed to meet specific industrial requirements.

With a team of 201–500 employees as of July 2024, Gradiant provides solutions for water reduction, reclamation, and renewal, recovering valuable resources from wastewater. Its technologies focus on PFAS removal, lithium extraction, and green hydrogen production, supported by custom in-house chemical formulations.

How Much Funding Has Gradiant Raised?

1. Seed Round

Amount Raised: $1.4 million
Date: April 2013
Lead Investors: Cranberry Capital
Motivation: With this seed funding, Gradiant turned concepts into tangible solutions, demonstrating that even a small investment can catalyze major impact.

2. Series A

Amount Raised: $1.4 million
Date: April 2013
Lead Investors: Undisclosed
Motivation: Early support validated the vision and encouraged the team to scale solutions with confidence and strategic direction.

3. Series B

Amount Raised: $28 million
Date: June 2014
Lead Investors: Undisclosed
Motivation: This milestone fueled rapid growth, proving that persistence and innovation attract serious backing.

4. Series C / D / E

Amount Raised: $330 million (Series C, C-3, D combined)
Date: December 2021 (Series C), May 2023 (Series C-3 & D)
Lead Investors: Schlumberger New Energy, Warburg Pincus (Series C); BoltRock Holdings, Centaurus Capital (Series C-3 & D)
Motivation: Massive investments reflected market confidence in Gradiant’s transformative water technology, turning dreams into large-scale global impact.

Total Funding Raised: $400 Million

Current Valuation: $1 Billion (as of May 2023)

Latest Funding Date: May 2023

Key Investors

1. Schechter

Details: Growth-stage investment firm focused on technology and industrial solutions.
Investment Focus Areas: Water tech, sustainability, industrial innovation.
Notable Investments: ThriveX, Cogito, Gradiant, Wunderkind..

2. EDBI

Details: Singapore-based investment firm investing in innovative and sustainable technologies.
Investment Focus Areas: Industrial technology, environmental solutions, water management.
Notable Investments: Endowus, Bolttech, Aetion, Allay Therapeutics.

3. Cranberry Capital

Details: A venture capital firm focused on early-stage investments in sustainability, life sciences, and clean technology sectors.
Investment Focus Areas: Sustainability, Life Sciences, Clean Technology
Notable Investments: Gradiant, C2Sense, Clerio Vision, Satelles, Synodon.

Where Is Gradiant’s Headquarters?

Gradiant is headquartered in Woburn, United States, providing access to industrial clients, engineering talent, and advanced water treatment research ecosystems.

What’s Next for Gradiant?

Following its $225 million Series D funding, Gradiant plans to expand industrial water treatment deployments, develop advanced resource recovery technologies, and scale sustainable solutions.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Gradiant. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.