Schlumberger New Energy co-led a round for the water treatment specialist sized at over $100m, hiking its overall funding to more than $200m.
US-based water treatment technology provider Gradiant received more than $100m on Wednesday in a series C round co-led by oilfield services provider Schlumberger’s New Energy division.
Private equity firm Warburg Pincus co-led the round, which exceeded its $65m target and which took Gradiant’s overall funding to over $200m.
The company develops water and wastewater facilities around the world and offers end-to-end water reuse and resource recovery technology. The capital will finance new projects and allow it to expand into new…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
