Wireless Energy Management Systems raises growth capital

Wireless Energy Management Systems International has sold a majority equity stake and raised growth capital in a £13m financing led by WHEB Partners and including Hermes GPE through the Hermes GPE Environmental Innovation Fund.

The Stockport-based company provides a wireless, web-enabled building energy management system.

The system is designed to operate and control heating, ventilation and air conditioning, lighting and security systems across multiple locations.