QuantumLight revolutionizes investing with AI-powered approach!
QuantumLight, founded by Nik Storonsky, uses AI for data-driven investing and closes its first $250 million fund.
QuantumLight revolutionizes investing with AI-powered approach!
QuantumLight, an innovative venture capital firm founded by Nik Storonsky, specializes in AI-powered investment decision making strategy. Led by Ilya Kondrashov since 2022, the company aims to bring scientific precision to the venture capital sector. In May 2023, the firm closed its first fund of $250 million, supported by a global group of high-profile investors. Storonsky himself contributed over $50 million to this fund.
QuantumLight's proprietary AI model, called Aleph, has made all 17 investment decisions to date autonomously, without human intervention. QuantumLight's main goal is to promote data-driven decisions and avoid the “FOMO” approach that is often driven by emotions. The company analyzes billions of data points and tracks over 700,000 VC-backed companies.
Focus on promising companies
QuantumLight invests primarily in the USA, where around 70% of its capital is deployed. Nevertheless, the company remains open to investments in Europe, although this depends on the recommendations of the AI model. QuantumLight plans to make an average of one investment per month and aims to launch a second fund next year. This strategy aims to achieve above-average returns and establish yourself as a pioneer in the VC world.
Additionally, QuantumLight recently released a new guide called “Hiring Top Talent” to help founders build effective teams. This guide follows the success of the previous Driving High Performance and offers a structured recruitment approach based on Revolut's experience. Mark Lee, CEO of MarqVision, one of QuantumLight's portfolio companies, praises the structure and consistency the frameworks have brought to the recruiting process.
Strategic importance of talent
The Hiring Top Talent Handbook views talent identification as a strategic function that should not be outsourced. QuantumLight pursues the idea of making the operational systems of its successful portfolio companies visible and reproducible. In this way, the company not only wants to invest in technological innovations, but also provide effective support in recruiting personnel.
With these ambitious goals and a clear focus on data-driven investment and talent-oriented management, QuantumLight is well positioned in the venture capital landscape. it-boltwise.de reports that company discussions began in 2017 when challenges in raising capital were discussed.
In a world where competition for good ideas and talented minds is ever increasing, QuantumLight could have the potential to play a key role in the future growth of the corporate sector. globenewswire.com reports that the firm is focused on identifying and supporting high-growth companies in AI, Web3, Fintech, SaaS and Healthtech.