Gradiant Closes Series E Financing At US$2 Bln Valuation

KUALA LUMPUR, May 19 (Bernama) -- Gradiant has closed its Series E financing round led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors, valuing the company at US$2 billion. (US$1=RM3.97)

The financing will support Gradiant’s continued global expansion, including strategic acquisitions, accelerated research and development (R&D), and investments in operational scale and initial public offering (IPO) readiness.

The announcement comes amid unprecedented commercial momentum for Gradiant, fuelled by rapid growth in artificial intelligence (AI) infrastructure, semiconductor manufacturing, and other mission-critical industries that require advanced water solutions.

“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,” said Gradiant Co-Founder and Executive Chairman, Anurag Bajpayee in a statement.

Meanwhile, Safar Partners Managing Partner, Nader Motamedy said the firm is proud to support Gradiant as it emerges as a major industrial technology company.

Hostplus Superannuation Fund Chief Executive Officer, David Elia said the company looks forward to supporting Gradiant’s next phase of growth, backed by its technological leadership, execution capability and market momentum.

Gradiant said it is experiencing its largest backlog and strongest pipeline to date, with significant growth across data centres, semiconductor fabrication plants and power, while demand from industries including food and beverage, pharmaceuticals, petrochemicals, mining and energy remains strong.

Powered by its digital AI platform, Gradiant’s proprietary technologies enable customers in essential industries to secure water sourcing, maximise water reuse, minimise wastewater discharge, and reduce energy consumption across some of the world's most water-intensive operations.

Over the past few years, Gradiant has emerged as one of the fastest-growing companies in the water industry, driven by its technology platform, vertically integrated execution model, and expansion across industrial sectors.

-- BERNAMA