About This Fund
QuantumLight Fund I is the inaugural fund of QuantumLight, the AI-powered systematic venture capital and growth equity firm founded by Nik Storonsky—co-founder and CEO of Revolut—and led by CEO Ilya Kondrashov. Established in London in 2023, QuantumLight represents a paradigm shift in early-stage and growth-stage venture investing, combining proprietary artificial intelligence with rigorous data-driven analysis to identify and back high-potential technology companies globally. The firm operates as an appointed representative of Langham Hall Fund Management LLP, regulated by the UK Financial Conduct Authority.
The firm's core methodology centers on Aleph, a proprietary AI system that tracks more than 700,000 VC-backed companies and analyzes over 10 billion data points to identify patterns of success across the technology ecosystem. Rather than relying solely on qualitative judgment, QuantumLight employs a systematic, repeatable investment framework designed to remove cognitive bias from the process—mirroring the quantitative methods that have proven effective in public markets, now applied at scale to private venture investing for the first time.
QuantumLight Fund I reached its hard cap at $250 million in its final close in May 2025, drawing backing from a global group of top-tier limited partners including prominent technology founders and leading institutional investors. The fund targets early-growth stage companies across artificial intelligence, Web3, fintech, SaaS, and healthtech, with a primary emphasis on technology businesses exhibiting strong growth fundamentals. QuantumLight has also published a proprietary hiring playbook—forged during the scaling of Revolut—offering portfolio companies a systematic framework for building world-class teams and accelerating growth.