Nico Rosberg announced Rosberg Ventures has closed its third fund at $100 million, describing the vehicle as oversubscribed and citing “unprecedented demand” that led the firm to cap investor allocations.
Rosberg, the 2016 Formula 1 world champion and founder of Rosberg Ventures, shared the update in a LinkedIn post, thanking long-term partners and saying he was “humbled” by the support behind the raise.
He also said the close pushes Rosberg Ventures to more than $200 million in assets under management, calling the milestone added “firepower” for the firm as it continues building its venture portfolio.
In the post, Rosberg connected the fundraise to lessons from Formula 1, arguing that progress often requires taking high-upside opportunities even when the odds of success are low.
He said the ability to commit to risky opportunities comes down to preparation, including working through failure scenarios and developing mitigation plans so negative outcomes can be managed.
Rosberg added that venture investing is a long journey that rarely feels as definitive as “crossing a finish line,” but that fundraising milestones can provide momentum for the team going forward.
KEY QUOTES:
“We’ve just closed our $100 million Fund III at Rosberg Ventures, oversubscribed with unprecedented demand, and capped allocations for optimized performance.”
“I’m super humbled by the support we’ve received once again. A heartfelt thank you especially to all our long term partners for the trust.”
Nico Rosberg, Founder, Rosberg Ventures
