W23 logo

W23

Venture Capital

A fresh approach to investing

Founded 2019 Australia Australia 9 employees Food and Beverage, Retail +1

9

Total Investments

9

Portfolio Companies

-

Exits

3

Industries

General Information

Industries Food and Beverage, Retail +1
Funding Stage Seed +2

Company Overview

Founded 2019
Employees 9
Location Australia Australia
Website w23.vc

Investment Criteria

Check Size •••••• — ••••••
Investment Thesis

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About W23

We are a grocery retail venture capital fund. Backed by Woolworths Group, Australia’s largest grocery retailer, we invest in startups and scaleups that are transforming retail. W23 invests in game-changing startups and scaleups led by visionary founders, and actively help them achieve their ambitious plans faster. We are particularly interested in retail-tech, climate-tech and digital health. Visionary founders are busy changing the world. Our mission is to help them accelerate their growth, by giving them access to the assets, data, scale and expertise of Woolworths Group.

Recent Investments (9)

View All
Company Stage Amount Date
Late Vc •••••• Aug 2025
Early VC •••••• Jul 2025
Seed Round •••••• Jul 2024
Early VC •••••• Jun 2023
Series A •••••• Jul 2022
Portfolio company •••• ••••
Seed Round •••••• Feb 2022
Portfolio company •••• ••••
Seed Round •••••• Jul 2021
Portfolio company •••• ••••
Venture Round •••••• Apr 2021
Portfolio company •••• ••••
Venture Round •••••• Jan 2019

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