After several successful investments in start-up companies, Marshall of Cambridge has formed Martlet, a corporate angel initiative headed up by investment director Peter Cowley.
Each year, Martlet will invest in several early-stage companies with high growth potential, as co-investees with other angels and seed funds.
Investments will be made primarily in companies within Greater Cambridge and East Anglia at an early stage, with sums of GBP25,000 to GBP100,000 being invested in each selected opportunity. Martlet will not be concentrating on specific market sectors, and will invest in a variety of entrepreneurial people and teams with an idea, an identified market, a recognised monetisation opportunity and excellent growth potential.
Robert Marshall, Chief Operating Officer of Marshall, says: “We are very excited to be able to support some of the many excellent local start-ups. We are very pleased that Peter Cowley will head up the new division. We anticipate contributing further to the growth of the UK economy”
Peter Cowley, Martlet Investment Director, says: “I have been involved in my own Cambridge-based start-up companies and mentoring/investing in start-ups for many years. My connections within the angel community will provide excellent potential deal leads, and we are keen to hear from other entrepreneurs that are looking for investment.”
Martlet has already identified several investment opportunities and welcomes new introductions from local entrepreneurs who are seeking early stage funding.