Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight

Nik Storonsky, the man behind Revolut, has closed a $500m second fund for QuantumLight, the algorithmic venture-capital firm he co-founded to let software, rather than partners, decide where the money goes. The fund is double the size of QuantumLight’s $250m debut vehicle from last year, a swift escalation for an outfit still trying to prove […] This story continues at The Next Web