# Gradiant Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gradiant

- Industry: Power & Utilities
- Headquarters: Woburn, US
- Website: www.gradiant.com
- Total disclosed funding: $730M
- Latest round: Series E (May 18, 2026)
- Investors on record: 7

## About

Based in the US, Gradiant Corporation operates as a provider of wastewater treatment and desalination and end-to-end water solutions for industrial and municipal use. Based in Massachusetts, US, and founded in 2013, by its co-founders Anurag Bajpayee and Prakash Govindan, Gradiant Corporation operates as an end-to-end cleantech water treatment solutions provider and project developer. In May 2026, Gradiant Corporation raised USD 400 million in series E funding co-led by Safar Partners and Hostplus, with participation from Clearvision Ventures. Prakash Govindan is currently serving the role of CEO. Gradiant provides end-to-end water and wastewater treatment solutions, including membrane filtration, desalination, resource recovery, and advanced oxidation systems. Its proprietary technologies (e.g., CFRO, CGE) enable industries such as semiconductors, pharmaceuticals, and energy to reduce consumption, recycle wastewater, and achieve sustainable water management. Gradiant generates revenue by designing, engineering, and deploying customized water treatment systems for industrial clients, alongside ongoing service, maintenance, and chemical supply contracts. Additional income arises from licensing proprietary technologies and long-term project-based solutions that help customers reduce costs, recover resources, and meet environmental sustainability requirements. The company plans to use the May 2026 funding to support global expansion, including strategic acquisitions, increased research and development, operational scaling, and preparations for a potential IPO.

## Funding rounds

- Series E, May 18, 2026, $400M — Hostplus, Clearvision Ventures, Safar Partners
- Series D, May 5, 2023, $225M — Centaurus Capital, BoltRock
- Series C, Jun 16, 2021, $105M — Warburg Pincus, Schlumberger Technology

## Investors

- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series C
- Schlumberger Technology (https://capitalatlas.ai/funds/schlumberger-technology) — Series C
- Centaurus Capital — Series D
- BoltRock (https://capitalatlas.ai/funds/boltrock) — Series D
- Hostplus — Series E
- Clearvision Ventures (https://capitalatlas.ai/funds/clearvision-ventures) — Series E
- Safar Partners (https://capitalatlas.ai/funds/safar-partners) — Series E