Former F1 Champ Nico Rosberg Raises $100 Million For VC Firm

Nico Rosberg, a former Formula 1 racing champion, has raised $100 million for his venture capital firm, making it one of the largest technology investors from a former athlete.

Rosberg Ventures closed its third fund in January, giving it $200 million in assets under management, the firm said on Monday. The retired driver, who was born in Germany and lives in Monaco, is the firm’s founder and principal investor.