TLDR:
Key Points:
- Floating Point falls short of its $100 million target for its sophomore fund, closing at $70 million instead.
- The fund focuses on deep tech investments.
In a recent development, Floating Point, a venture capital firm aiming for a $100 million target for its sophomore fund, concluded fundraising with a final close at $70 million. The fund, specializing in deep tech investments, has completed this round successfully, albeit short of the original goal.
