Former Formula 1 world champion Nico Rosberg has successfully raised $100 million for his venture capital firm, Rosberg Ventures, as he continues to expand his business interests. The firm, founded by Rosberg, recently concluded its third funding round, which he described as “oversubscribed with unprecedented demand.” This brings the firm’s total assets under management to over $200 million, despite typically investing smaller amounts of up to $5 million at a time.
Rosberg expressed gratitude for the support received, particularly from long-term partners, stating, “I’m incredibly proud of our Rosberg Ventures team. Venture is a long journey. It will never feel as clear as crossing a finish line in racing. But moments like this, getting well past $200m in assets under management, are great milestones giving us the firepower now to keep racing forward.”
The firm’s investment portfolio includes technology companies such as ClickHouse, and Rosberg himself has invested in AI firms Black Forest Labs and Eleven Labs. Additionally, he played a significant role in the Extreme E motor racing series, which is transitioning to hydrogen power. His team, Rosberg X Racing, secured both the team and driver championships in 2021 and 2023, with drivers Johan Kristoffersson, Molly Taylor, and Mikaela Ahlin-Kottulinsky contributing to these victories.
Rosberg noted that the third funding round involved “capped allocations for optimised performance.” As the 2016 Formula 1 world champion, Rosberg joins a growing number of sports stars, such as tennis legend Serena Williams, who are expanding their investment portfolios. While not all athletes manage specialised funds, many are becoming significant investors within the sports industry.
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