Private equity firm Resolute Capital Partners has made a $20 million investment in Finance Technology Leverage LLC, a private equity firm, to finance technological innovations in energy, life sciences, industrial technology, and aerospace.
Finance Technology Leverage utilizes its subsidiary, Breakwater Insurance, to fund large, complex and high-risk projects through the creation of specialized financial structures.
“Rarely is a company created with the vision of solving some of the world’s greatest challenges.” said Thomas Powell, senior managing partner and founder of Resolute Capital Partners. “Finance Technology Leverage believes no challenge is too great, and they have brought together a world-class team of scientists and engineers that turn dreams into reality.”
In other company news, earlier this month, Resolute Capital completed a $1.5 million equity investment in Routinify, a technology-based, remote healthcare services company.
Resolute Capital Partners’ senior executives seek to identify emerging trends and advancements in the fintech, healthtech, and regtech fields that present what they deem as strong investment opportunities. The firm has offices in San Francisco, Dallas and Minneapolis, and since its founding in 2010, has raised more than $230 million in its various energy, technology, and real estate funds.