· Warburg Pincus and Schlumberger New Energy lead funding round
· Funding will be used for strategic growth opportunities, project-level financing, technology deployment, and opportunistic acquisitions
· Gradiant is a global solutions provider and developer of cleantech water projects
BOSTON, Nov 22 (Bernama-BUSINESS WIRE) — Gradiant, a leading global end-to-end cleantech water treatment solutions provider and projects developer, today announced it has raised over $100 million in Series C funding. The round was led by financial and strategic partners Warburg Pincus and Schlumberger New Energy and was oversubscribed from its initial target of $65 million. The round brings Gradiant’s total funding to date to over $200 million since inception.