QuantumLight closes a $500 million second fund focused on AI startups
QuantumLight, the London investment firm co-founded by Nik Storonsky, has closed its second fund at $500 million, according to Tech Funding News. The new vehicle is described as backing AI startups, marking a discrete new venture-fund raise rather than an operating company financing round.
Why it matters: A sizable new AI-focused venture fund is a meaningful signal that specialist capital remains available for startup formation and scaling despite a tougher funding environment. It also gives QuantumLight more influence in shaping the next cohort of AI application and infrastructure companies, particularly in Europe and other markets it targets.
Sources
- Storonsky’s VC firm QuantumLight closes $500M fund II to back AI startups Tech Funding News · August 18, 2026
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