{"id":61577,"date":"2022-05-17T15:41:47","date_gmt":"2022-05-17T12:41:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61577"},"modified":"2025-09-05T12:59:01","modified_gmt":"2025-09-05T09:59:01","slug":"revolut-founder-to-launch-ai-powered-venture-fund-with-about-200m-in-assets","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/revolut-founder-to-launch-ai-powered-venture-fund-with-about-200m-in-assets\/","title":{"rendered":"Revolut founder to launch AI-powered venture fund with about $200m in assets"},"content":{"rendered":"<p>Revolut founder Nik Storonsky announced the creation of Quantum Light Capital, an AI-powered venture fund with assets of about $200 million. About this <a href=\"https:\/\/www.forbes.com\/sites\/iainmartin\/2022\/05\/17\/revolut-ceo-nik-storonsky-to-launch-ai-led-venture-capital-fund\/\">\u0441\u043e\u043e\u0431\u0449\u0430\u0435\u0442<\/a> Forbes.<\/p>\n<p>Quantum Light Capital will use machine learning to identify promising startups and fund them in Series B and C rounds.<\/p>\n<p>According to Storonsky, this model is designed to remove &#8220;the limits of the venture capital world, where decisions are made on the basis of crowd mentality&#8221;.<\/p>\n<p>At this stage the project team comprises six engineers who analyse LinkedIn, corporate documents and other databases to identify fast-growing startups.<\/p>\n<p>Going forward, Nik Storonsky will hire a chief executive who will head the fund.<\/p>\n<p>The decision to launch Quantum Light Capital was made as part of Revolut&#8217;s ongoing global expansion. In recent months the fintech has obtained banking licences in at least 10 European countries.<\/p>\n<p>In April, Revolut announced the <a href=\"https:\/\/forklog.com\/en\/news\/revolut-to-develop-a-crypto-wallet-and-add-staking\"> development of a crypto wallet<\/a> and the related functionality.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nik Storonsky, founder of Revolut, announced the creation of Quantum Light Capital, an AI-powered venture fund with roughly $200 million in assets.<\/p>\n","protected":false},"author":1,"featured_media":61578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Nik Storonsky to launch AI-powered venture fund with roughly $200 million in assets.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1396,1133],"class_list":["post-61577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-revolut","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"1","layout_type":"1","short_excerpt":"Nik Storonsky to launch AI-powered venture fund with roughly $200 million in assets.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=61577"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61577\/revisions"}],"predecessor-version":[{"id":61579,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61577\/revisions\/61579"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/61578"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=61577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=61577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=61577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}