Nik Storonsky’s QuantumLight Raises $500 Million for Second AI-Driven Venture Fund
QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its inaugural fund. Photo: Web Summit Rio/ Wikimedia
Startups & Venture Capital

Nik Storonsky’s QuantumLight Raises $500 Million for Second AI-Driven Venture Fund

QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its debut vehicle.

By Oleg Petrenko • 2 mins read Published:

Venture capital firm QuantumLight, founded by Revolut CEO Nik Storonsky, has raised $500 million for its second investment fund, according to Sifted, highlighting growing investor appetite for AI-powered venture capital strategies.

The new fund is twice the size of QuantumLight’s inaugural $250 million fund, which closed in May 2025. According to CEO Ilya Kondrashov, investor demand exceeded expectations, with the fundraising becoming oversubscribed before reaching its final close.

AI at the Center of the Investment Strategy

QuantumLight differentiates itself by relying heavily on its proprietary artificial intelligence platform, Aleph, to identify promising investment opportunities.

Rather than depending solely on traditional venture capital sourcing and manual analysis, the firm uses AI to evaluate startups, screen markets, and support investment decisions across its portfolio.

The strategy reflects a broader trend of AI becoming increasingly integrated into the venture capital industry.

Portfolio Already Includes Five Unicorns

Since launching its first fund, QuantumLight has built a portfolio of 27 investments, including five unicorns, according to TFN.

The firm focuses on high-growth technology companies, using data-driven analysis alongside traditional venture investing to identify businesses with strong long-term potential.

The rapid expansion of its portfolio has helped attract additional institutional capital for the firm’s second fund.

Growing Investor Appetite

The successful fundraising demonstrates continued investor interest in venture firms with differentiated investment strategies.

According to QuantumLight, the second fund attracted more capital than originally targeted, allowing the firm to close above its initial fundraising goal.

The additional capital will support new investments across artificial intelligence, enterprise software, fintech, and other technology sectors.

AI Is Transforming Venture Capital

QuantumLight’s latest fund illustrates how artificial intelligence is reshaping not only the companies attracting investment but also the way investment decisions are made.

As AI becomes increasingly capable of analyzing markets, financial data, and startup performance, more venture firms are exploring technology-assisted investment processes.

With $500 million in fresh capital and a growing portfolio of technology startups, QuantumLight is positioning itself among a new generation of venture firms combining traditional investing with artificial intelligence.

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