QuantumLight Raises $250 Million for Systematic Investment in Emerging Technologies

QuantumLight, a quantitative venture capital firm led by Nik Storonsky, has successfully raised $250 million for its first fund. This investment, exceeding initial targets, will be directed towards high-potential growth companies across various sectors including AI, Web3, and FinTech. Utilizing their proprietary AI model, Aleph, QuantumLight aims to identify promising businesses poised for significant expansion.