UK-based industrial group Marshall has launched a seed fund for Greater Cambridge and East Anglia.
Marshall had more than a decade earlier invested in a four to five seed-stage deals, including Abcam, a provider of medical antibodies that has subsequently listed with a market capitalisation of more than £750m.
Marshall has hired Peter Cowley as investment director for the fund, Martlet, which will each year invest £25,000 ($40,000) to £100,000 in several early-stage companies alongside other angels and seed…
