TLDR:
Former Formula One champion Nico Rosberg has launched a £26m venture capital fund, Rosberg Ventures, targeting tech-focused VC firms in Europe. With over 35 investments in start-ups and growth-stage companies, Rosberg is transitioning from racing to asset management with a focus on sustainability and innovation.
Summary:
Former Formula One champion Nico Rosberg, who won the title in 2016, has launched a £26m venture capital fund, Rosberg Ventures. The fund, expected to raise £64.3m by year-end, will invest in tech-focused VC firms like Andreessen Horowitz and Kleiner Perkins. Rosberg, who has over 35 start-up investments, is shifting his focus from racing to sustainable tech and innovation.
Rosberg, the son of F1 legend Keke Rosberg, is actively involved in venture capital and serves as a key figure on Germany’s equivalent of Dragon’s Den. Alongside his investment activities, he co-founded Berlin’s GreenTech Festival, promoting sustainability in tech. Despite missing the thrill of racing, Rosberg is excited about his new mission in business.
In an interview, Rosberg expressed his passion for the dynamics of sports and the clear victory moment, contrasting it with the ongoing process in business. He finds excitement in the challenges of investing and building a vision for his venture capital fund, aiming to make a meaningful impact in the tech industry.
