TLDR:
- Nico Rosberg has raised €30 million to launch Rosberg Ventures, a “fund of funds”
- The fund plans to make investments in tech-focused venture capital firms
Nico Rosberg, the former Formula One champion, has raised €30 million to launch Rosberg Ventures, a “fund of funds” that will make investments in tech-focused venture capital firms on behalf of wealthy family offices in Europe. The fund, which expects to raise €75 million by the end of the year, plans to invest in renowned VC outfits including Andreessen Horowitz, Kleiner Perkins, and Accel. Rosberg has used his profile to build relationships with venture capital firms and establish himself as a big player in the world of asset management.
After retiring from F1 in 2016, Rosberg has taken a hands-on approach to venture capital over the past eight years. The 38-year-old has positioned himself as a key player in the industry and has leveraged his personal brand to attract investors and forge partnerships with top VC firms. With the launch of Rosberg Ventures, he is poised to make a significant impact in the tech-focused investment space and continue to build on his success post-racing career.
