Nik Storonsky’s VC firm QuantumLight closes €223M inaugural fund; launches hiring playbook for founders

London-based QuantumLight, the quantitative venture capital firm founded by Nik Storonsky, today announced the final close of its inaugural $250M (approximately €223M) Fund I, reaching its hard cap.

“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”, says Nik Storonsky, Founder of QuantumLight and CEO & Founder of Revolut.

Announces “Hiring Top Talent” playbook

Besides funding, the VC firm also publicly launched` its second operating playbook, “Hiring Top Talent,” designed to help founders systematically scale world-class teams.

The launch of the second book comes after the success of the previously released manual — Driving High Performance.

The firm is unveiling the structured recruitment approach behind Revolut’s hiring engine that helped the company scale to over 10,000 employees in c.10 years

The new playbook provides a practical blueprint for every stage of the hiring journey, guiding founders on how to hire at speed without compromising quality.

The book focuses on identifying high-potential problem-solvers and assessing them through a highly structured, repeatable process that ensures consistency and reduces bias.

The playbook highlights the importance of keeping talent acquisition in-house and encourages 

building an internal recruitment team early on.

The 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 founders across AI, Web3, Fintech, SaaS, and Healthtech. 

QuantumLight: Investing in fast-growing private technology companies

Led by Ilya Kondrashov, QuantumLight is a quantitative venture capital firm that leverages data and technology to invest in high-potential companies, driven by a team of engineers, data scientists, quant traders, and seasoned company founders.

The VC uses its AI model, Aleph, to invest in promising early-growth stage companies, implementing a highly automated, systematic approach to investing.

“Our goal is to make the invisible operating systems behind iconic companies like Revolut visible and replicable. 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,” says Ilya Kondrashov, CEO of QuantumLight.