South Africa’s Water Ledger Global Secures Investment from Launch Africa

Water Ledger Global (WLG), a South African-founded water technology startup established in October 2024, has secured a strategic investment from pan-African venture capital firm Launch Africa Ventures to expand its water data infrastructure platform.

Founded by a South African team led by CEO Fred Platt, the company builds Water Ledger, a platform that consolidates fragmented water data into a shared record of water availability, usage and value.

Headquartered across operations in South Africa, Australia and the United States, WLG also has roots in Australia dating back to 2016. Its technology is already deployed in Virginia and Australia, including a water accounting and trading solution used by Seqwater. The investment will support expansion into additional utilities, regulators and markets.