Martlet, the corporate venturing fund belonging to UK-based automotive and aerospace company the Marshall Group, has exceeded its initial investment target in its initial six months, committing more than £250,000 ($400,000), the technology website Cambridge Business Media reported on Monday. Peter Cowley, investment director for Martlet, was quoted as saying: "In the first six months of Martlet, we have seen many exciting and interesting opportunities and have been able to invest in five. We have made some difficult decisions in rejecting plans from many competent entrepreneurs. We have several deals in the pipeline and look forward to an excellent future for Martlet." Cowley confirmed the Cambridge Business Media article. The companies in which Martlet has invested an average of £54,000 of seed funding are road freight brokerage company Stratus Transport Connections, online medical research service Psychology Online, wireless technology startup Neul, small aeroplane company E-Go and power generation and management firm Pasmarine.
Sectors
- News & Analysis
- Home
- Global Corporate Venturing
- Global University Venturing
- Latest News
- Publications
- Podcast
- Deal Data
- Video
- Subscribe
- Newsletters
- Community & Events
Martlet off to a flying start
Nov 3, 2011 • Robert Lavine
LEADERSHIP SOCIETY
Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.Featured Content
FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database.FUNDING ROUND DATA
Which corporates are backing which startups? Search our corporate deal database.
About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
Navigation
test regLogin
Not yet subscribed?
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read MorePrivacy & Cookies PolicyPrivacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.