PANews reported on May 20 that according to TFN, QuantumLight, a quantitative venture capital firm founded by Revolut founder Nik Storonsky, announced the completion of its first fund raising of US$250 million, with investors including billionaire technology founders and large institutions. The fund uses AI to drive investment decisions, focusing on high-growth areas such as AI, Web3, and financial technology, and has invested in many start-ups. QuantumLight also released its second operating manual "Top Talent Recruitment", which systematically sorted out the recruitment framework of Revolut during its rapid expansion period.

The core team of the institution is composed of engineers, quantitative traders and AI researchers. They use algorithms to analyze massive amounts of data to eliminate human bias in investment decisions. Its first fund has reached the fundraising limit, reflecting the market's recognition of the data-driven venture capital model. Earlier news , QuantumLight participated in the $82 million B round of financing of Mesh, a crypto payment company, in March.