--- title: Revolut’s Nik Storonsky closes a $500m fund for his... description: Revolut CEO Nik Storonsky has closed a $500m second fund for QuantumLight, his algorithm-driven venture capital firm, doubling the size of its 2025 debut $250m... canonical: https://daily.dev/posts/revolut-s-nik-storonsky-closes-a-500m-fund-for-his-algorithm-run-venture-firm-quantumlight-4teiceiis twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight | daily.dev og:description: Revolut CEO Nik Storonsky has closed a $500m second fund for QuantumLight, his algorithm-driven venture capital firm, doubling the size of its 2025 debut $250m... og:url: https://daily.dev/posts/revolut-s-nik-storonsky-closes-a-500m-fund-for-his-algorithm-run-venture-firm-quantumlight-4teiceiis og:image: https://api.daily.dev/og/posts/4TEiCEIiS.png og:image:alt: Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Revolut CEO Nik Storonsky has closed a $500m second fund for QuantumLight, his algorithm-driven venture capital firm, doubling the size of its 2025 debut $250m vehicle. QuantumLight uses a systematic, data-driven model to screen and select investments rather than relying on partner instinct, positioning itself closer to a quant hedge fund than a traditional VC firm. The oversubscribed raise suggests limited partner confidence, though the fund's track record remains too young to validate whether algorithmic sourcing can outperform traditional venture picking. Storonsky is simultaneously steering Revolut toward a US IPO while running this second venture. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Revolut wants to let Nik Storonsky borrow $250mn against his own shares](https://daily.dev/posts/revolut-wants-to-let-nik-storonsky-borrow-250mn-against-his-own-shares-1v1i5klr4) · The Next Web · 0 upvotes · 0 comments - [Revolut is valued at $115bn. Its founder’s new share deal targets $500bn](https://daily.dev/posts/revolut-is-valued-at-115bn-its-founder-s-new-share-deal-targets-500bn-deyagz0vf) · The Next Web · 0 upvotes · 0 comments - [Quantonation’s double-sized second fund shows quantum still has believers](https://daily.dev/posts/quantonation-s-double-sized-second-fund-shows-quantum-still-has-believers-a7siywnfq) · TechCrunch · 0 upvotes · 0 comments - [Revolut plans a dual London and Nasdaq listing, Storonsky tells Les Echos](https://daily.dev/posts/revolut-plans-a-dual-london-and-nasdaq-listing-storonsky-tells-les-echos-znnwbdjbs) · The Next Web · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#fintech](https://daily.dev/tags/fintech) [View this post on daily.dev](https://daily.dev/posts/revolut-s-nik-storonsky-closes-a-500m-fund-for-his-algorithm-run-venture-firm-quantumlight-4teiceiis) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight","url":"https://daily.dev/posts/revolut-s-nik-storonsky-closes-a-500m-fund-for-his-algorithm-run-venture-firm-quantumlight-4teiceiis","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/revolut-s-nik-storonsky-closes-a-500m-fund-for-his-algorithm-run-venture-firm-quantumlight-4teiceiis"},"datePublished":"2026-08-18T09:03:32.609Z","dateModified":"2026-08-18T09:03:51.994Z","description":"Revolut CEO Nik Storonsky has closed a $500m second fund for QuantumLight, his algorithm-driven venture capital firm, doubling the size of its 2025 debut $250m...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/88671bc0c12225661fa19102bc4e49cd?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/88671bc0c12225661fa19102bc4e49cd?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/revolut-s-nik-storonsky-closes-a-500m-fund-for-his-algorithm-run-venture-firm-quantumlight-4teiceiis","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"venture-capital,fintech","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight"}]} ```