Anchor’s IIP Expands Investment in wtec.io to Accelerate Smart Building SaaS Growth

Industrial Innovation Partners (IIP), the principal investment platform of Anchor Group, has completed a follow-on investment in wtec.io, recapitalizing the business to accelerate growth and advance its transition toward a SaaS-driven model. 

About wtec.io

wtec.io is a global provider of intelligent building infrastructure solutions and the creator of the smartengine platform, which enables sustainable, data-driven lighting and workspace management for commercial and industrial environments. 

Anchor’s Role and Perspective 

This follow-on investment reflects Anchor’s conviction in the potential of digitalized, energy-efficient, and grid-independent systems that are reshaping the future of commercial and industrial real estate. 
It also forms part of Anchor’s broader smartengine investment holding strategy, aimed at delivering a full-stack, capex-light or capex-free energy services model for corporate and industrial clients.