Gharage Ventures Launches €40M Fund I to Back Travel Retail Startups

Singapore and Berlin-based Gharage Ventures officially launched its €40 million Fund I, planning to invest in early-stage tech companies in travel and retail, focusing on automation, AI-driven workflows, data infrastructure, and more. The fund, founded by Gebr. Heinemann in 2020, is now independent and aims to back roughly 30 startups.