QuantumLight Secures £190m for AI-Powered Venture Capital Fund

Revolut founder Nik Storonsky's venture capital firm QuantumLight has successfully closed its first fund at £187m, marking a significant milestone in the company's mission to revolutionise investment strategies through artificial intelligence. The firm simultaneously released its second operational manual focused on talent acquisition, providing founders with systematic approaches to building exceptional teams
Picture of Elizabeth Jenkins-Smalley

Elizabeth Jenkins-Smalley

Editor In Chief at The Executive Magazine

The Scientific Approach to Venture Capital

QuantumLight, the quantitative venture capital firm established by Revolut founder Nik Storonsky, has announced the successful closure of its inaugural fund valued at £187m. The achievement represents a major step forward for the company, which aims to transform traditional venture capital through data-driven methodologies and algorithmic decision-making.

The fund has attracted substantial backing from prominent global investors, including several billionaire technology entrepreneurs and established financial institutions. Since beginning operations in 2023, the firm has strategically invested across multiple high-growth sectors including artificial intelligence, Web3 technology, financial technology, software-as-a-service platforms, and health technology innovations.

Proprietary AI System Drives Investment Strategy

At the core of QuantumLight’s approach lies Aleph, a proprietary artificial intelligence model specifically developed to identify exceptional growth-stage companies with outstanding potential. This technological foundation underpins the firm’s commitment to bringing methodical, analytical precision to venture capital decisions.

Storonsky, who maintains his position as CEO of Revolut while founding QuantumLight, articulated the vision behind this new venture: “Our ambition is to build the world’s best systematic venture capital and growth equity firm – and support the new generation of founders by sharing some of the operating principles that we developed at Revolut.”

The statement comes during a period of significant expansion for Storonsky’s financial technology company, which recently established a new European headquarters and announced plans to invest over €1b in France. These developments follow Revolut’s reported profits of £1.1b, demonstrating the substantial financial success that lends credibility to the methodologies now being shared through QuantumLight.

Knowledge Transfer Through Operational Playbooks

Concurrent with the fund closing announcement, QuantumLight has publicly launched its second operational playbook titled “Hiring Top Talent.” This comprehensive guide, co-authored with Storonsky himself, builds upon the previously released manual “Driving High Performance.”

The latest publication reveals the structured recruitment strategies that powered Revolut’s extraordinary growth to over 10,000 employees within a decade. It offers founders practical frameworks covering each stage of the recruitment process, with particular emphasis on maintaining quality while scaling rapidly.

The playbook advocates for a systematic approach centered on identifying problem-solvers with high potential and evaluating candidates through consistently structured assessments designed to minimise bias and maximise effectiveness.

Replicable Success Systems for Scale-ups

QuantumLight CEO Ilya Kondrashov emphasised the value proposition behind sharing these operational frameworks: “Our goal is to make the invisible operating systems behind iconic companies like Revolut visible and replicable.”

Kondrashov further explained the practical benefits for entrepreneurs: “Founders shouldn’t have to reinvent the wheel when it comes to building high-performing teams. By sharing these tools and frameworks, we’re helping scale-ups move faster from day one.”

This philosophy of knowledge transfer represents a distinctive element of QuantumLight’s market positioning. While the firm leverages advanced technology for investment decisions, it simultaneously recognises the critical human factors that determine business success.

The combination of algorithmic investment selection through Aleph and structured operational guidance through published playbooks creates a comprehensive support system for portfolio companies. This dual approach addresses both capital requirements and execution challenges faced by high-growth ventures.

Future Growth Trajectory

With its initial fund now secured and operational principles clearly articulated, QuantumLight appears positioned for significant impact within the venture capital ecosystem. The firm’s emphasis on systematic processes, both for internal investment decisions and portfolio company operations, offers a distinctly modern approach to value creation.

As technology continues transforming financial services and investment methodologies, firms applying scientific rigour to traditionally relationship-driven sectors may gain competitive advantages. QuantumLight’s progress will likely serve as a closely watched case study in the evolution of venture capital practices and the potential for artificial intelligence to enhance investment outcomes.

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