Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight

Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight

Nik Storonsky, the man behind Revolut, has closed a $500m second fund for QuantumLight, the algorithmic venture-capital firm he co-founded to let software, rather than partners, decide where the money goes. The fund is double the size of QuantumLight’s $250m debut vehicle from last year, a swift escalation for an outfit still trying to prove […] This story continues at The Next Web

Revolut founder’s QuantumLight raises €432 million for AI-driven venture strategy

London-based VC firm QuantumLight, co-founded by Revolut CEO Nik Storonsky in 2023, has closed its second fund at €432 million ($500 million), doubling the size of its debut vehicle as it looks to expand its data-driven approach to investing in technology companies. The fund surpassed its original target and was oversubscribed, according to QuantumLight CEO Ilya Kondrashov. The close comes around 15 months after QuantumLight raised €222 million …

Storonsky’s VC firm QuantumLight closes $500M fund II to back AI startups

QuantumLight has closed its second fund at $500 million, surpassing its original goal. This new fund is double the size of QuantumLight’s first fund, which raised $250 million in 2025. Aleph, the AI model developed by Storonsky, reviews investment opportunities with little human input. QuantumLight, a London investment firm co-founded by Nik Storonsky in 2023, has closed its second fund at $500 million, according to Sifted. Chief executive Ilya …