BeyondNetZero completed an investment in Montagu-backed Wireless Logic at a £3.5bn valuation.

BeyondNetZero, a climate investing venture of General Atlantic, completed an investment in Montagu-backed Wireless Logic, a company which provides communication software solutions, at a £3.5bn valuation. “We are pleased to support the next stage of Wireless Logic’s journey in partnership with Montagu. Wireless Logic has positioned itself as a leader in the rapidly expanding IoT market, and in turn as a key enabler of the energy and climate transition, providing data transparency, operational efficiency, and cost reductions across industries to accelerate energy efficiency for the future. We believe there is a strong opportunity for the Company to achieve further growth, through transformational M&A, which it has already proved itself adept at, and continued geographic expansion across Europe, North America, LATAM, and APAC," Gabriel Caillaux, General Atlantic Co-President, Global Head of Climate, and Head EMEA business.