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W23 Global (Woolworths Group)

Corporate VC

Seed–Growth · 3 people tracked

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Investment thesis

W23 Global invests in start-ups and scale-ups that deploy technology to transform the retail sector and contribute to a more sustainable planet. Backed by five of the world's leading grocery retailers who sit on its investment committee, the firm positions itself as offering global capital and accelerated pathways to global scale while allowing founders to keep innovating at start-up speed. Its retailer backers operate across the US, Canada, UK, Europe, Australia, New Zealand, Indonesia and Africa, giving portfolio companies broad geographic reach and commercial access.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Leads rounds
Follows
Instruments
Equity
Tracked investments
1

Team · 3 people

from the firm's website & curated & public directories

What they invest in

from 1 of 1 portfolio companies

Climate Tech ×1Healthtech ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path
Spero Foodssperofoods.coinSeed · May 2020Defunct

Spero Foods manufactures plant-based dairy products using proprietary manufacturing processes, targeting consumers seeking sustainable and affordable alternatives to conventional dairy.

Climate TechHealthtechSan Francisco, US

Phaedra Randolph(Founder/Founding CEO)in

BoardJonathan Shulkin(Director)

Co-investorsAlumni VenturesOutbound VenturesSoma CapitalY CombinatorBasecamp FundBessemer Venture Partners+4 more

Frequently asked questions

What stage does W23 Global (Woolworths Group) invest at?
W23 Global (Woolworths Group) invests at the Seed, Series A, Series B, Growth stages.
What sectors does W23 Global (Woolworths Group) focus on?
W23 Global (Woolworths Group) focuses on AgTech, Climate Tech, E-commerce, FoodTech, Retail Tech.
Does W23 Global (Woolworths Group) lead rounds?
W23 Global (Woolworths Group) typically participates in rounds rather than leading them.

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