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Nico Rosberg’s VC Firm Closes $100 Million Fund III, Lifting AUM Past $200 Million

The firm is pivoting from a fund-of-funds model toward selective direct bets in AI and software using small checks.

Overview

  • Rosberg said Fund III was oversubscribed with allocations capped to optimize performance, announcing the close in a LinkedIn post.
  • Total assets under management now exceed $200 million, with Rosberg as founder and principal investor following his 2016 F1 retirement.
  • Typical investments range from $2 million to $5 million, a collaborative approach that avoids competing with large blue-chip venture firms.
  • The portfolio has expanded beyond backing VC funds to include direct stakes such as ClickHouse, with a growing focus on AI and software.
  • Rosberg leverages his profile to source deals and broker corporate partnerships while declining to disclose new fund backers, noting earlier exposures via SPVs to SpaceX and Lyft and a stake in Lilium before its bankruptcy.