Energy & Sustainability Client Feature — Gradiant

This month, we are excited to feature Gradiant, a leading global end-to-end cleantech water treatment solutions provider and project developer. Gradiant announced on November 17, 2021 that it had raised over $100 million in Series C funding. The round was led by Warburg Pincus LLC, a leading global growth investor, and Schlumberger New Energy, a pioneer provider of technology to the global energy industry, and was oversubscribed from its initial target of $65 million. This round brings Gradiant's total funding to date to over $200 million since inception.

The funding will enable Gradiant to further expand into strategic markets and industries; finance the equity contribution into new project assets; accelerate the deployment of Gradiant's innovation and technology offerings; and strategically acquire complementary and synergistic companies in cleantech water and sustainability. The company plans to grow its business in key sectors such as food and