QuantumLight, the quantitative venture capital firm founded by Revolut entrepreneur Nik Storonsky, has closed its inaugural $250m (£187m) fund.
The firm is also publicly launching its second operating playbook, Hiring Top Talent, designed to help founders systematically scale world-class teams.
Fund I is backed by a global group of top-tier LPs, including billionaire tech founders and prominent institutions. Since its launch in 2023, QuantumLight has backed exceptional founders across AI, Web3, FinTech, SaaS and HealthTech.
QuantumLight says it is on a mission to bring scientific precision to venture capital. The firm’s approach is grounded in systematic investing through its proprietary AI model, Aleph, purpose-built to identify outlier growth-stage companies.
“Our ambition is to build the world’s best systematic venture capital and growth equity firm – and support the new generation of founders by sharing some of the operating principles that we developed at Revolut,” said Revolut CEO Storonsky, who this week unveiled a new European HQ and plans to invest more than €1bn in France.
Hiring Top Talent – co-authored with Storonsky – follows earlier manual Driving High Performance. In it the firm unveils the structured recruitment approach behind Revolut’s hiring engine that helped the company scale to over 10,000 employees in a decade.
It provides a practical blueprint for every stage of the hiring journey, guiding founders on how to hire at speed without compromising quality.
The approach centres on identifying high-potential problem-solvers and assessing them through a highly structured, repeatable process that ensures consistency and reduces bias.
“Our goal is to make the invisible operating systems behind iconic companies like Revolut visible and replicable,” said Ilya Kondrashov, CEO of QuantumLight (pictured).
“Founders shouldn’t have to reinvent the wheel when it comes to building high-performing teams. By sharing these tools and frameworks, we’re helping scale-ups move faster from day one.”
Revolut recently revealed staggering profits of £1.1bn.