Quantitative venture capital QuantumLight completes $250 million fundraising for its first fund

Odaily News QuantumLight, a quantitative venture capital firm founded by Revolut founder Nik Storonsky, announced that its first fund has raised $250 million, exceeding the original financing target. The fund uses the self-developed AI model Aleph to make systematic investment decisions, aiming to identify high-potential growth companies. Since its establishment in 2023, QuantumLight has invested in 17 startups covering AI, Web3, FinTech, SaaS and HealthTech.

In addition, QuantumLight released its second operations manual, "Hiring Top Talent", to share Revolut's experience in talent recruitment and help start-ups systematically build efficient teams. (Tech Funding News)