Nico Rosberg Ventures into Asset Management with €30m Venture Capital Fund

Former Formula One champion Nico Rosberg is making waves in the world of asset management with the launch of a €30m venture capital fund. The 2016 F1 World Champion has decided to shift gears from racing to investing, targeting tech-focused venture capital firms on behalf of affluent family offices across Europe.

Rosberg Ventures, expected to raise €75m by year-end, plans to inject capital into VC outfits such as Andreessen Horowitz, Kleiner Perkins, and Accel. Described as a “fund of funds”, the fund invests in other investment funds rather than individual securities.

In an interview with the Sunday Times, Rosberg expressed his passion for his new business venture, stating, “I’ve really found my new mission here with my business life after F1. It’s really full-on every day. I’m the CEO. I set the vision. I set the strategy, and I build the team. I’m at the absolute forefront of this mission every day.”

Despite his success in the investment world, Rosberg admits that the thrill of racing still lingers. He compared the clear finish line in sports to the more ambiguous nature of business success, where celebrations are not as immediate.

Born in Germany and raised in Monaco, Rosberg now divides his time between Monaco and Ibiza. In addition to his investment ventures, he also serves as a key figure on Germany’s equivalent of Dragon’s Den and co-founded Berlin’s GreenTech Festival, focusing on sustainable tech and attracting investors.

With over 35 start-up and growth-stage investments under his belt, Nico Rosberg continues to make a name for himself outside of the racing world, proving that his winning spirit transcends the track.