A venture capital fund backed by five of the world’s leading grocery retailers

“We offer accelerated pathways to scale across the world’s major markets, while acting at start-up speed and leaving you to do what you do best: grow your business.”

Ingrid Maes

CEO and Chief Investment Officer, W23

Our CEO

Ingrid is an innovator, strategic thinker and business builder with over 25 years experience in retail, data, customer loyalty, digital and investing. She has a reputation for being visionary, moving fast, challenging the status quo, getting things done and delivering commercial results.

Global capital. Global scale.

Backed by Ahold Delhaize (US, Europe, Indonesia), Tesco (UK, ROI, Europe), the Woolworths Group (Australia, New Zealand), Empire (Canada) and the Shoprite Group (Africa), we offer faster pathways to global scale.
€88.6b1in sales
9countries
7,7162stores
402k2people
£57.7b1in sales
5countries
4,443stores
330kpeople
AU$64.3b1in sales
2countries
1,400stores
200k+people
CA$30.7b1in sales
1country
1,7464stores
131kpeople
R215b1in sales
10countries
3,5433stores
160k+people

1 Group sales are as stated in each retailer‘s most recently released audited annual financial statements

2 Excludes joint ventures

3 Includes franchises

4 Includes retail fuel locations

Get in touch

If you’re a visionary founder transforming retail or solving sustainability challenges, we’d love to hear from you.