Launch Africa invests in Water Ledger Global’s water-data platform
The company will expand shared water records for utilities, regulators, users and financiers.
Water Ledger Global secured a strategic investment from Launch Africa Ventures, announced on November 6. The investment amount was not disclosed.
The funding will help expand a platform that combines information about water availability, usage and value. Consistent records give utilities, regulators and financiers a clearer basis for managing resources and assessing infrastructure projects. The company already operates internationally and is developing its reach across additional utilities and markets.
Use of funds
Expand water-data platform across utilities, regulators and markets