Wings Fund, Inc. is a venture capital firm that concentrates on early-stage companies with breakthrough technologies.
We focus on long term secular trends and most of our investments are concentrated in the following sectors:
Digital technologies have advanced more rapidly than any innovation in history – reaching more than half of the developing world’s population in only two decades and transforming societies. By enhancing connectivity, financial inclusion, access to trade and public services, digital technology is fundamentally changing the lives of billions of people.
Moving at breakneck speed, businesses are using digital technologies to transform existing traditional and non-digital business processes and services, or creating new ones, to meet with the evolving market and customer expectations, thus completely altering the way businesses are managed and operated, and how value is delivered to customers.
The world is experiencing an energy transition that has the potential to create a modern energy system that can power the world in ways that are cleaner, safer, more affordable, and reliable.
The clean energy transition means shifting energy production away from sources that release greenhouse gases, such as fossil fuels, to those that release little to no greenhouse gases. Hydro, wind, solar, green hydrogen and geothermal are some of these clean sources.
Generating power from renewables is only part of the energy transition. Mass introduction of electric transportation infrastructure and energy storage, coupled with greater usage of technologies to improve energy efficiency, are also driving this long-term secular trend.
According to McKinsey & Company, a confluence of advances in biological science and accelerating development of computing, automation, and artificial intelligence is fueling a new wave of innovation. We believe that this bio revolution, which has been decades in the making, will have significant impact on economies and our lives, from health and agriculture to consumer goods, and energy and materials.
Some of the most notable innovations occurring in biotech include gene editing, personalized medicine, vaccines, artificial intelligence, big data, and synthetic biology.
Starting a business is hard work. Developing a breakthrough technology is even harder. In addition to providing capital, we provide our portfolio companies with countless years of experience in building businesses and developing technologies. We are very hands-on in the formulation of a portfolio company’s technology and business strategy. We have learned from years of experience that poor strategic decisions quickly magnify into very expensive problems. Therefore, we focus intently on the strategy. After our initial investment, we act as ongoing advisors in helping a portfolio company’s management team address critical challenges.
We concentrate primarily on early-stage technology companies because these businesses offer the greatest potential for financial returns. Further, we find personal enjoyment and satisfaction spending our time with high tech entrepreneurs. We are not money managers and only invest our own funds. Because we are active investors, we only invest in a limited number of new portfolio companies each year.
With the emergence of electronic trading and increased corporate governance and transparency, the public stock market has become a safer place for investors and a more favorable environment for development stage companies to access capital. Instead of relying on the traditional venture capital funding model, we encourage early-stage companies with breakthrough technologies to obtain public venture capital by operating as publicly traded companies.
We primarily invest in public companies or companies committed to becoming publicly traded for the following reasons:
Increased access to capital and institutional investors
Greater investor protection provided by SEC regulations and disclosure requirements
Regular flow of information in the form of public filings that include audited annual reports, reviewed quarterly reports and disclosure of significant events
Corporate governance rules requiring management to act in a responsible manner
Improved investor liquidity
Wings Fund, Inc. was founded in 1990 to assist and invest in early-stage companies with breakthrough technologies. We believe new technologies will create new industries and sources of wealth that will far exceed those created in the past.
We have a deep understanding of technology companies and appreciation for people with technical vision. Members of our investment team have founded and operated successful technology businesses in the past.
Contact us via email: info@wingsfund.com