News

Woolworths Launches Global Fund

Woolworths Group collaborates with global supermarkets in a new Au$190 million venture fund, W23 Global, led by Woolworths' fund boss.

April 13, 2024

Simon Rowles

Founder, CEO

Woolworths Group, alongside notable supermarkets such as Tesco, Canada's Empire Company (owners of Sobeys and Safeway), South Africa’s The Shoprite Group of Companies, and Ahold Delhaize, is participating in an Au$190 million venture fund named W23 Global. The management of the new global fund will be overseen by the head of Woolworths' W23 venture fund.

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