London-based VC firm QuantumLight, founded by Revolut CEO Nik Storonsky, has announced the final close of its inaugural fund at €223 million ($250 million).
This marks a significant milestone for the data-driven venture firm, which aims to bring quantitative discipline to early-growth investing in sectors like AI, fintech, healthtech, Web3, and SaaS.
Global backers, bold ambitions
QuantumLight’s Fund I is backed by an international group of limited partners, including billionaire tech founders and top-tier institutional investors. The firm, led by CEO Ilya Kondrashov, combines a team of engineers, quant traders, data scientists, and entrepreneurs to deploy capital using its proprietary AI model “Aleph.” The goal: identify and support the next generation of iconic companies through a systematic, automated investment strategy.
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From Revolut playbooks to founder resources
Alongside the fund close, QuantumLight unveiled its second operational playbook, “Hiring Top Talent.” The guide offers a blueprint for founders on how to scale high-performing teams efficiently—drawing from the recruitment engine behind Revolut’s 10,000-strong workforce.
The playbook outlines methods to identify top problem-solvers through structured assessments while reducing bias and ensuring repeatability. The firm encourages building in-house recruitment teams early and maintaining hiring quality as companies scale.
Data-driven investing meets founder enablement
“We want to make the invisible operating systems behind companies like Revolut visible and replicable,” said Kondrashov. “Founders shouldn’t have to reinvent the wheel. Our tools help them scale faster from day one.”
Since launching in 2023, QuantumLight has invested in startups that align with its thesis of building resilient, scalable businesses using automation and quantitative strategies. The release of the talent playbook, following its earlier “Driving High Performance” manual, reinforces QuantumLight’s commitment to sharing the systems that helped scale one of Europe’s most successful fintechs.
As European venture capital matures, QuantumLight is positioning itself as both an investor and a builder — a firm that not only backs startups but helps construct the frameworks that define high-growth success.
