Floating Point Closes Second Fund to Invest in Complex Sectors

NEW YORK & BOSTON--(BUSINESS WIRE)-- #VC--Floating Point, an early stage venture capital firm investing in complex sectors, today announced the closing of its $70 million second fund. Floating Point looks deep in overlooked sectors to back expert founders building first of their kind companies. Their portfolio includes category-defining companies such as Altana, Commons Clinic, Sun Day, Floodbase, and Wheeler Bio. Floating Point now manages more than $150 million in assets on behalf of a wide range o