Article

Former Formula 1 world champion Nico Rosberg has secured $100 million for Rosberg Ventures, closing its third investment round this month, which was oversubscribed. The firm now has over $200 million in assets under management.

Investments from Rosberg Ventures include tech company ClickHouse, and Rosberg's personal stakes in AI firms Black Forest Labs and Eleven Labs. Rosberg also invested in the Extreme E motor racing series, which is transitioning to hydrogen power.

His team, Rosberg X Racing, won championships in 2021 and 2023. The recent fund raise involved capped allocations to optimize performance. Rosberg is part of a trend among athletes, like Serena Williams, diversifying into investment portfolios.