Rosberg Ventures closes $100M Fund III

Today, Nico Rosberg announced that Rosberg Ventures has just closed its $100 million Fund III, describing it on LinkedIn as “oversubscribed, with unprecedented demand, and capped for performance.”

Rosberg Ventures was founded by former Formula 1 World Champion Nico Rosberg after his retirement in 2016, transitioning from racing into technology investing. Rosberg Ventures builds its portfolio primarily through a VC fund-of-funds strategy and over the last year has begun making direct co-investments in standout companies.