Boston: 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)

According to BERNAMA News Agency, the financing will support Gradiant's continued global expansion, including strategic acquisitions, accelerated research and development (RandD), and investments in operational scale and initial public offering (IPO) readiness. The announcement comes amid commercial momentum for Gradiant, fuelled by growth in artificial intelligence (AI) infrastructure, semiconductor manufacturing, and other industries that require advanced water solutions.

Gradiant Co-Founder and Executive Chairman, Anurag Bajpayee, stated that the new financing provides the company with resources to expand faster, enhance RandD, and continue building the defining water company of the AI era. Safar Partners Managing Partner, Nader Motamedy, expressed pride in supporting Gradiant as it emerges as a major industrial technology company. Hostplus Superannuation Fund CEO, David Elia, indicated that the company looks forward to supporting Gradiant's next phase of growth, backed by its technological leadership and market momentum.

Gradiant reports experiencing its largest backlog and strongest pipeline to date, with growth across data centres, semiconductor fabrication plants, and power sectors. Demand from industries such as food and beverage, pharmaceuticals, petrochemicals, mining, and energy remains robust. Powered by its digital AI platform, Gradiant's proprietary technologies enable customers to secure water sourcing, maximise water reuse, minimise wastewater discharge, and reduce energy consumption across water-intensive operations.

Over recent 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.