Quantum Light, AI-Driven Venture Capital, has announced a $250 Million Fund.

Founded by Nik Storonsky(Founder & CEO of Revolut) and led by Ilya Kondrashov(CEO of QuantumLight and Founder of Kriya) along with Tommaso Conca(Principal), Dora Zikouli(Investor), & Louis Fontaine(Investor), Quantum Light is first of its kind Venture Capital Fund that is driven by AI. They have invested in some great companies like Deep Scribe, MarqVision, Mesh, Monta, Rad AI, Robin, Sipay, Ben, Berry Street, Blockaid, & Builder.io.

Quantum Light has developed an internal tool, Aleph, to identify the next 10x companies by crushing more than 10 Billion+ data points & 700,000 VC-backed companies' data. Their system beats the top quartile VC benchmark by 2X.

Quantum Light also releases a playbook to help their portfolio companies become a world-class company and also releases them for the public, 2 of which are Hiring Top Talent & Driving High Performance. The playbooks are co-authored by Nik himself, where he tries to distribute his learning of how Revolut became one of the best fintech companies in the world.