ALTÉRRA has partnered with BeyondNetZero, General Atlantic’s dedicated growth equity strategy focused on the energy transition, on its investment in Wireless Logic, a leading Internet of Things (IoT) connectivity platform.
As industries increasingly view decarbonization as a source of efficiency and long-term value, IoT is becoming a key enabler, connecting devices, sensors and systems to drive measurable emissions reductions and resource efficiency. Through its Opportunity Fund, ALTÉRRA is backing Wireless Logic’s next phase of global growth and the expansion of digital infrastructure across the real economy. Montagu remains the majority shareholder, with continued support from General Atlantic.
Founded in 2000 and headquartered in the UK, Wireless Logic is a global leader in IoT connectivity, providing secure, scalable solutions that help businesses deploy, manage and optimise large networks of connected devices. Its platform links physical assets with analytics, enabling climate-positive applications.
From EV chargers and smart meters to fleet vehicles, agricultural sensors and industrial equipment, connected devices generate real-time data that drives monitoring, automation and performance improvements. Wireless Logic enables high-impact use cases such as optimizing EV charging and electricity grids, improving fleet efficiency, supporting precision agriculture and advancing predictive maintenance.
By delivering real-time visibility and control across distributed assets, the platform turns data into measurable outcomes, reducing energy waste, lowering fuel consumption and improving resource use. As digitalization accelerates, this connectivity layer will be central to scaling emissions reductions across complex systems.
ALTÉRRA’s investment reflects its focus on solutions that deliver system-level climate impact alongside strong commercial returns. With backing from Montagu, General Atlantic and ALTÉRRA, Wireless Logic is well positioned to expand globally through organic growth and targeted acquisitions, particularly in high-growth markets where demand for secure, flexible IoT connectivity is rising.
Jennifer Park Partner and Head of Impact – ALTÉRRA
“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.”
Gabriel Caillaux, Co-President, Global Head of Climate and Head of EMEA at General Atlantic, said, “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.”