# Gradiant funding: rounds and investors

> Gradiant has raised $50M across 2 rounds since 2025. Investors include Warburg Pincus, HSBC and Vision Ventures. Every round with its source.

Source: https://millionrounds.com/company/gradiant (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Gradiant*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$50M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Venture May 2026
- **Biggest round:** $50M Debt · Oct 2025
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$50M** Debt

**?** Venture

- **First round:** Debt, $50M
- **Biggest round:** $50M
- **Between rounds:** 7 months

## The rounds

- **May 2026** Venture **Amount undisclosed** *2 new* *1 returning* [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [Vision Ventures](https://millionrounds.com/fund/vision-ventures) [Safar Partners](https://millionrounds.com/fund/safar-partners) Source recorded
- **Oct 2025** Debt **$50M** *2 new* [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [HSBC](https://millionrounds.com/fund/hsbc) Source recorded

## Founders and team

From Gradiant's own website and the SEC filings it signed: 2 founders, 5 on the team.

**Prakash Govindan** Co-Founder & CEO *Named on its 2023 Form D*

**Anurag Bajpayee** Co-Founder & Chairman *Named on its 2023 Form D*

- **Ananth Padmanabhan** CFO
- **Ravichandran Nachiappan** Global Head of Operations
- **Sankar Natarajan** Global Head of Sales
- **Steven Lam** Head of Technology
- **Luke Johnson** Executive Officer, Director i

On the board, as filed i *Ashok Belani* *Craig Huff* *Jeff Luse* *Justin Woo* *Keith Wilson* *Mark Danchak*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2025 **Venture** 2026 [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [HSBC](https://millionrounds.com/fund/hsbc) [Vision Ventures](https://millionrounds.com/fund/vision-ventures) [Safar Partners](https://millionrounds.com/fund/safar-partners)

## Everyone who backed them

[Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Private equity **2** rounds

[HSBC](https://millionrounds.com/fund/hsbc) Growth equity **1** round

[Vision Ventures](https://millionrounds.com/fund/vision-ventures) VC firm **1** round

[Safar Partners](https://millionrounds.com/fund/safar-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=gradiant).

## Also claim to have backed them

These 3 firms list Gradiant as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[WorldQuant Ventures LLC](https://millionrounds.com/fund/worldquant-ventures-llc) VC firm Per its own site

[WAVE Equity Partners](https://millionrounds.com/fund/wave-equity-partners) Private equity Per its own site

[Clearvision Ventures](https://millionrounds.com/fund/clearvision-ventures) VC firm Per its own site

## Quick answers about Gradiant

### Who invested in Gradiant?

Gradiant's investors include Warburg Pincus, HSBC, Vision Ventures and Safar Partners.

### How much has Gradiant raised?

Gradiant has raised $50M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Gradiant last raise?

Gradiant's most recent round was a Venture in May 2026.

### What was Gradiant's biggest round?

Gradiant's largest round on record is $50M (Debt), in Oct 2025.

### Who backed Gradiant first?

Gradiant's first round on record, in Oct 2025, was backed by Warburg Pincus and HSBC.

### What stage is Gradiant at?

Gradiant's latest named round is a Venture, in May 2026.

### Where is Gradiant based?

Gradiant is based in the United States.

## Companies like Gradiant

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

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