QuantumLight Closes $500 Million Second Venture Fund to Back AI and Crypto Startups
QuantumLight, the venture capital firm created by Revolut co‑founder Nikolay Storonsky, closed a $500 million second fund, twice the size of its first fund, to back high‑growth tech companies across AI, crypto, fintech, SaaS and healthtech. The fund is managed by CEO Ilya Kondrashov and will use an AI‑driven selection platform called Aleph to pick investments.