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…

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