Former F1 champ Nico Rosberg eyes opportunities in Singapore
The Straits Times|December 13, 2024
He plans to invest in start-ups as part of his venture capital fund's next phase of growth
Sue-Ann Tan
Former F1 champ Nico Rosberg eyes opportunities in Singapore

Networking for business and enjoying the cuisine were among the top experiences in Singapore for former Formula One (F1) race car driver Nico Rosberg, after his month-long stay here.

He swapped the race track and cars for meeting entrepreneurs and business founders before returning to Monaco for Christmas.

Investing in start-ups also forms the next phase of growth for Rosberg Ventures, the venture capital fund Mr Rosberg set up after winning the F1 World Drivers' Championship with Mercedes and retiring from the sport in 2016.

He described Singapore as a special place to him. In 2016, he won the Singapore Grand Prix to take the lead in the world championship that season.

This time, Mr Rosberg was not here for the winner's podium, but ate dim sum and saw giraffes at the zoo for the first time with his two children aged seven and nine, alongside working on his business.

Set up to help connect European and Asian capital to US venture capital funds, Rosberg Ventures reached US$100 million (S$134.3 million) in assets under management, he revealed in November.

Called a "fund of funds", Rosberg Ventures helps investors gain access to top venture capital funds and also connects them with start-ups.

"Now, thanks to our partner venture capital firms, we start to see which are the best-performing start-ups and it's a natural next step to then also seek allocations directly in those start-ups. So that's going to be a strategy we're developing next year," Mr Rosberg told The Straits Times days before leaving Singapore.

Denne historien er fra December 13, 2024-utgaven av The Straits Times.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 13, 2024-utgaven av The Straits Times.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE STRAITS TIMESSe alt
Jay-Z will seek dismissal of sexual assault lawsuit his lawyer calls a 'sham'
The Straits Times

Jay-Z will seek dismissal of sexual assault lawsuit his lawyer calls a 'sham'

Lawyers for Jay-Z (right) plan to ask a judge to toss a lawsuit accusing the American rapper of raping a 13-year-old in 2000, pointing to what they described as \"glaring inconsistencies\" that emerged in an NBC interview of the accuser, who was not named in the suit.

time-read
1 min  |
December 18, 2024
Comedian Jimmy O. Yang finds people who look more like him than himself in lookalike contest
The Straits Times

Comedian Jimmy O. Yang finds people who look more like him than himself in lookalike contest

It looks like there are Asians out there who look more like Jimmy O. Yang than the man himself, said the Hong Kong-born American actor and stand-up comedian.

time-read
1 min  |
December 18, 2024
Brazil judge orders Adele song to be pulled globally
The Straits Times

Brazil judge orders Adele song to be pulled globally

A Brazilian judge has ordered a song by British pop superstar Adele (left), Million Years Ago (2015), to be pulled worldwide - including on streaming services - over an ongoing plagiarism claim by a Brazilian composer.

time-read
1 min  |
December 18, 2024
Local musician-TikToker first from Asia to be nominated
The Straits Times

Local musician-TikToker first from Asia to be nominated

Drumeo Awards: TikTok Drummer of the Year category

time-read
2 mins  |
December 18, 2024
Malcolm In The Middle is getting a four-episode revival on Disney+
The Straits Times

Malcolm In The Middle is getting a four-episode revival on Disney+

NEW YORK - One of America's wackiest families is making a comeback.

time-read
2 mins  |
December 18, 2024
Pedro Almodovar is not lost in translation
The Straits Times

Pedro Almodovar is not lost in translation

Working in English and directing Hollywood stars can be difficult for European directors. But the Spanish director's The Room Next Door is an exception

time-read
4 mins  |
December 18, 2024
Lessons from a dog attack
The Straits Times

Lessons from a dog attack

Viewpoint Canines may bite and scratch when excited or caught by surprise

time-read
4 mins  |
December 18, 2024
Could dark chocolate reduce risk of diabetes?
The Straits Times

Could dark chocolate reduce risk of diabetes?

If you have long assumed that you must deprive yourself of delicious foods to be healthy, a new study in medical journal The BMJ offers encouraging news: Eating dark chocolate has been associated with a reduced risk of developing Type 2 diabetes.

time-read
3 mins  |
December 18, 2024
BAD BACK
The Straits Times

BAD BACK

More teens and young adults hit with degenerative disc disease

time-read
6 mins  |
December 18, 2024
Diplomacy ● Remark about chai in poor taste
The Straits Times

Diplomacy ● Remark about chai in poor taste

I refer to the article \"No shortage of chai for Singapore's envoy in India after 'tasteless' brew post goes viral\" (Dec 16).

time-read
1 min  |
December 18, 2024