Discover the Unstoppable Force Behind Europe's Most Valuable Startup: Meet Ilya Kondrashov of QuantumLight VC

Venture capital is getting a revolutionary reboot, thanks to a relentless and ambitious entrepreneur, Ilya Kondrashov. Tasked with managing the multimillion-dollar venture capital fund, QuantumLight, Kondrashov is a confidante to Nik Storonsky, the founder and CEO of Europe’s most valuable startup, Revolut. The pace? Unstoppable. The motto? Never relax.

QuantumLight’s debut fund, amassing a substantial $250m with a noteworthy $50m coming directly from Storonsky, is gearing up to deepen its role in AI-driven deal seeking. The future of the fund hinges on the tech’s ability to make winning investment decisions. Every deal that the firm has ventured into, thus far, has leaned on this novel algorithm for direction, bypassing human judgment entirely.

It was a shared dinner in 2017 that seeded the idea for QuantumLight. The unspoken camaraderie between the founders birthed an unconventional thesis: employ data and artificial intelligence to make informed investments, a resolute departure from the fear-driven ‘crowd mindset.’

Fast forward to the present day, Revolut is valued at a staggering $45bn with Kondrashov excelling at the everyday operations, while Storonsky reigns as the venture’s public face, his impact on the venture capital firm as omnipresent as his influence on the world of business.