ALTÉRRA has partnered with General Atlantic’s BeyondNetZero strategy to invest in Wireless Logic, a UK-based Internet of Things connectivity platform, as part of efforts to scale digital infrastructure supporting the climate transition.
The investment, made through ALTÉRRA’s Opportunity Fund, is intended to support Wireless Logic’s next phase of global growth. Montagu will remain the majority shareholder in the company, continuing its backing alongside the new investors.
Founded in 2000, Wireless Logic provides secure and scalable IoT connectivity solutions that enable businesses to deploy, manage, and optimize networks of connected devices. Its platform connects physical assets to analytical software, supporting applications such as electric vehicle charging, smart metering, fleet management, agriculture, and industrial systems.
The company’s technology improves operational efficiency and reduces emissions by enabling real-time data transmission, automation, and performance optimization across sectors. Use cases include optimizing EV charging infrastructure, improving electricity grid efficiency, enhancing fleet routing, and supporting predictive maintenance in industrial environments.
ALTÉRRA said the investment aligns with its strategy of backing scalable, climate-focused technologies that deliver both environmental impact and commercial returns. The firm is one of the largest private investment vehicles for climate finance, launched with a $30 billion commitment from the United Arab Emirates and aiming to mobilize $250 billion in capital by 2030.
With continued support from Montagu, along with General Atlantic and ALTÉRRA, Wireless Logic is expected to expand both organically and through targeted acquisitions, particularly in high-growth markets where demand for IoT connectivity is increasing.
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“Wireless Logic enables and enhances the practical and scaled application of efficiency and emissions-reduction solutions across some of the most energy- and resource- intensive sectors of the global economy through the power of technology. This investment reflects ALTÉRRA’s belief that climate impact and commercial strength reinforce one another. Partnering with General Atlantic BeyondNetZero in Wireless Logic underscores our shared conviction that IoT connectivity is a critical enabler of the climate transition.”
Jennifer Park, Partner and Head of Impact at ALTÉRRA
“ALTÉRRA represents a strategically aligned partner for us in this investment, reflecting a shared conviction in the long-term value creation potential of scalable technologies within the energy transition. We think Wireless Logic is well-positioned for further growth through transformational M&A and continued international expansion. The addition of ALTÉRRA to its investor base should stand to accelerate its growth trajectory.”
Gabriel Caillaux, Co-President, Global Head of Climate and Head of EMEA at General Atlantic
