TechThe Next Webabout 2 hours ago
Storonsky closes $500m QuantumLight fund
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Nik Storonsky closed a $500m second fund for QuantumLight, his algorithm-run venture firm, double the $250m debut vehicle. The firm uses data-driven models instead of partners to make investment decisions. Storonsky remains QuantumLight's most conspicuous backer, and outside backers are undisclosed.
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