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W23

W23

Baulkham Hills, New South Walesw23.vc

Overview

W23 is a global venture capital fund specializing in the grocery retail sector. It invests in startups and scale-ups that leverage technology to revolutionize retail and address sustainability challenges. It primarily targets companies in the retail-tech, climate-tech, and digital health sectors seeking to accelerate their growth. It is backed by five leading grocery retailers operating across the US, Canada, UK, Europe, Australia, New Zealand, Indonesia and Africa.

Year Founded

2019

Portfolio Companies

16

Website

w23.vc

Investments

W23 investments
CompanyDateStageLead
Moment EnergyMay 2026Series BCo-investor
SonderMar 2025Growth Equity-
Protex AIJan 2025Series BCo-investor
ExoFlareJul 2024SeedCo-investor
Gr4vyJun 2023StrategicLead

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersBaulkham Hills, New South Wales
Year Founded2019

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