TLDR:
- EMV Capital has taken on the management of Martlet Capital, a venture capital company based in Cambridge.
- EMV Capital will manage Martlet Capital’s £23.3m portfolio of investments across 53 companies in deep tech and life sciences sectors.
EMV Capital has been appointed as the investment manager of Martlet Capital, a venture capital company based in Cambridge. Founded by Robert Marshall in 2011, Martlet Capital’s £23.3m portfolio of investments across 53 companies in deep tech and life sciences sectors will now be managed by EMV Capital on a discretionary basis. EMV Capital has also acquired the operational VC business of Martlet Capital, excluding its investment portfolio. NetScientific PLC, EMV Capital’s parent company, had previously invested in Martlet Capital in 2021, leading to a closer collaboration between the two companies. This transaction marks an important milestone for EMV Capital and NetScientific PLC, aligning with their objectives of becoming a leading venture capital investor in the UK and Europe. Dr. Ilian Iliev, managing director of EMV Capital, expressed optimism about the future collaboration with Martlet Capital, praising the team for creating a respected brand within the Cambridge high-tech investment cluster. The acquisition of Martlet’s business is expected to significantly increase the fee income and critical mass of EMV Capital’s funds practice, leading to potential launch of two more funds under the Martlet brand. Robert Marshall, co-founder of Martlet Capital, and chairman of the investment committee, welcomed the deepening relationship with EMV Capital, emphasizing the collaborative approach in executing the transaction.
