Founded in 2014, WNT Ventures collaborates with experienced entrepreneurs and institutional capital providers to create an environment where startups can achieve success. Their focus is on pre-revenue companies with strong intellectual property potential targeting a global opportunity. They invest nationwide and incubate science-backed companies in sectors such as agritech, food and hort tech, cleantech, marine sciences, software, hardware, engineering, robotics, materials, and medical devices. WNT Ventures operates two funds with approximately $8m under management and is targeting a third fund of $15-$20 million in late 2019/early 2020. They receive support from the NZ government's Callaghan Innovation as a technology incubator, which provides direct access to the repayable loan scheme and pre-incubation grant scheme to assist companies and technologies in developing their business case.