TLDR:
- Nico Rosberg’s investment firm Rosberg Ventures has established a new Fund of Funds exceeding €70 million.
- The fund aims to bridge the investment gap between Europe and the United States in the VC sector and provide access to top-tier VC funds for German and European investors.
A new Fund of Funds exceeding €70 million has been established by Nico Rosberg’s investment firm, Rosberg Ventures. The initiative is designed to enhance German and European involvement in global venture capital endeavors, aiming to bridge the investment gap between Europe and the United States in the VC sector. The fund managed by Rosberg Ventures intends to invest in Tier 1 global VC funds, prioritizing diversification in venture capital investment.
The fund targets Ultra-High-Net-Worth families in Germany and Europe, providing significant access to top-tier VC funds and facilitating mutually beneficial relationships between startups and large corporations. The aim of the fund is to revolutionize Europe’s limited engagement in global VC and enable access to top-tier VC funds previously inaccessible to many German and European investors.
Nico Rosberg expressed his mission with Rosberg Ventures to empower global startup innovation and create value through strategic capital investment. The new fund has already attained a first close at €30 million and holds a unique position with indirect investments in over 2000 pioneering startups across various sectors.
Rosberg Ventures aims to continue its journey in shaping the future of technology and entrepreneurship with this new fund, extending the innovative, tech-centric work Nico Rosberg has been dedicated to since his retirement from Formula 1.