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August 17, 2026

Exclusive: Nik Storonsky’s VC firm closes $500m for second fund

QuantumLight CEO Ilya Kondrahov said the firm’s latest fund was ‘oversubscribed’


Revolut CEO Nik Storonsky

QuantumLight, the VC firm cofounded by Revolut CEO Nik Storonsky, has closed its second fund at $500m.

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

Damisola Sulaiman

Damisola Sulaiman is Sifted's fintech reporter, based in London. She writes Sifted's weekly Fintech newsletter . You can find her on LinkedIn

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