Founded in 2022, QuantumLight has already invested in nearly a dozen startups within a year, after raising approximately $200 million for its inaugural fund, which was anchored by Storonsky himself.
Key takeaways:
- Nik Storonsky, a billionaire and former Lehman Brothers trader, is aiming to revolutionize venture capital after his success with financial services firm Revolut.
- Storonsky has established a quantitative investment firm, QuantumLight, which uses algorithms and artificial intelligence to source deals, focusing less on human input.
- QuantumLight was founded in 2022 and has already invested in nearly a dozen startups within its first year.
- The firm raised approximately $200 million for its debut fund, with Storonsky being a significant contributor.