QuantumLight Raises $250 Million for AI-Focused Investment Fund

Venture capital firm QuantumLight, founded by Revolut’s Nik Storonsky, has secured a significant $250 million for its inaugural fund. The fund is now fully subscribed and attracted investments from prominent tech founders and established financial institutions. QuantumLight focuses on high-growth industries like AI, Web3, and fintech, employing AI-powered decision-making processes to identify promising ventures. The firm has already invested in several startups.