Quantum Light, the VC firm co‑founded by Revolut CEO Nik Storonsky, has closed its second fund at $500m. The valmis aims to deploy capital in disruptive fintech and technology startups across Europe and North America.

The new fund, announced in a press release, will focus on scaling early‑stage companies and will bring institutional partners<Teal> and co‑investors aligned with the firm’s vision.

Nik Storonsky says the capital will accelerate product development and market expansion for portfolio companies. The first fund, which raised $250m, saw a strong return on investment.

With the $500m fund, Quantum Light positions itself as a leading player in the venture capital ecosystem through hands‑on mentorship, strategic partnerships, and a network of industry experts to support founders.