Revolut Founder Nik Storonsky Closes First $250m Fund
- Nik Storonsky, founder of Revolut, launched QuantumLight in 2023 and closed its inaugural $250 million fund in London.
- QuantumLight was established to apply a data-driven, systematic approach to venture capital investing using its exclusive AI system, Aleph.
- The firm focuses on backing growth-stage startups in AI, Web3, fintech, SaaS, and health-tech and is supported by billionaire tech founders and institutions.
- Storonsky stated Aleph helps avoid "crowds mentality" from human judgment and can improve venture capital investment records by around 10%.
- QuantumLight aims to build a systematic venture capital firm that supports founders by sharing operating principles that contributed to Revolut's growth.
14 Articles
14 Articles
Revolut co-founder, CEO Storonsky seals $250m debut fundraise for quantitative venture capital firm QuantumLight
QuantumLight, the VC firm launched by Revolut co-founder and CEO Nik Storonsky looking to bring "scientific precision" to the asset class, has raised $250m for the hard cap close of its debut fund. The post Revolut co-founder, CEO Storonsky seals $250m debut fundraise for quantitative venture capital firm QuantumLight appeared first on AltAssets Private Equity News.
QuantumLight Closes $250M Fund
QuantumLight, the quantitative venture capital firm founded by Nik Storonsky, today announces the final close of its inaugural $250 million fund. At the same time, the firm is publicly launching its second operating playbook, Hiring Top Talent, designed to help founders systematically scale world-class teams. The $250 million Fund I, which closed at hard cap, is backed by a global group of top-tier LPs, including billionaire tech founders and pr…
QuantumLight Closes $250M Fund, Publishes Hiring Playbook for Startups - Tech
QuantumLight, the quantitative venture capital firm founded by Nik Storonsky, has reached the final close of its inaugural $250 million fund. At the same time, the firm is publicly launching its second operating playbook, Hiring Top Talent, designed to help founders systematically scale world-class teams. The $250 million Fund I, which closed at hard cap, is backed by a global group of top-tier LPs, including billionaire tech founders and promi…
Storonsky's AI-powered VC firm closes inaugural fund
QuantumLight, the venture capital firm founded by Revolut boss Nikolay Storonsky, has closed its inaugural investment fund, worth $250m (£187m). Launched in 2023, QuantumLight targets startups across AI, Web3, fintech, SaaS and health tech. The VC group assesses investments through a proprietary AI model called Aleph which, the firm claims, can identify outlier founders of growth-stage companies. Storonsky said Aleph allows QuantumLight to find …
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