QuantumLight completes first fund raising $250 million

QuantumLight, a quantitative venture capital firm founded by Revolut founder Nik Storonsky, announced the completion of its first fund raising $250 million, exceeding its original funding target. The fund uses 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 operating manual, "Hiring Top Talent," to share Revolut's experience in talent recruitment and help startups systematically build efficient teams. (Tech Funding News)