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. 

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