HomeLuxembourgNico Rosberg Launches Fund of Funds

Nico Rosberg Launches Fund of Funds

Rosberg Ventures

2016 Formula 1 world champion Nico Rosberg has launched a fund of funds (FoF).

The Luxembourg based firm, called Rosberg Ventures, reportedly already raised €30m from family offices across Europe to back tech-focused venture capital firms. The fund has a final target of €75m.

Selected portfolio partners already include Andreessen Horowitz, Kleiner Perkins, and Accel, among others.

Beyond Nico Rosberg, the LinkedIn page of the firm lists as members of the team:

  • Francesco Sama,
  • Oscar Lanzendorf, and
  • Franck Rivière

Below find the text of the X tweet launching the fund by Rosberg:

I’ve Got News! Rosberg Ventures and our own $75 Million Fund. At Rosberg Ventures, we’re now proudly bundling all my VC activities. We have added our own $75m VC Fund of Funds to my existing serial angel investing (personally backing startups very early on). A fund of funds is a vehicle that pools capital from investors and commits this capital to a multiple of other funds. This enables diversification which is key in venture capital. It’s a great way to support a greater variety of startup innovation! Our partner investors are European families who own large companies. We will be selectively building the bridge between these and the world’s leading startups to accelerate progress and transformation!

VCWire

17/04/2024