$cat ./funds/w23.md

W23

Sydney · est. 2019

W23 is the corporate venture arm of Woolworths Group investing in retail-tech, climate-tech and digital health. The A$190M W23 Global vehicle is a separate collaborative fund jointly backed by Tesco, Ahold Delhaize, Empire/Sobeys, Shoprite and Woolworths.

Website

w23.vc

Stages

Series A, Series B, Growth

Fund size

—

Partners

Ingrid Maes

Founded

2019

Sydney

$ls ./funds/w23/portfolio

Notable investments

— Eucalyptus
— Marley Spoon
— Marketplacer
— Spoon Guru
— Gr4vy

$git log --reverse --pretty=short ./funds/w23.md

Timeline

2019
W23 founded in Sydney.
Sep 2023
Joins global W23 collaborative fund alongside Tesco, Ahold and Empire.
Oct 2024
Backs Marketplacer Series C; doubles down on retail-tech thesis.

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