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Martlet Capital

Europe, Cambridgeshire, United Kingdom, Cambridge

Description

Martlet Capital is a prominent early-stage investor based in Cambridge, United Kingdom, specializing in providing patient capital to deep tech and life science startups. The firm primarily targets companies with high growth potential that are either located in or have strong ties to the vibrant Cambridge ecosystem. Their investment philosophy emphasizes long-term support, aiming to nurture innovative ventures from their nascent stages through significant growth phases.

As a seed-stage investor, Martlet Capital typically deploys initial cheques ranging from approximately $63,000 to $630,000. These investments are frequently made alongside other co-investors, demonstrating a collaborative approach to funding rounds. Since its inception in 2011, Martlet Capital has built a substantial portfolio, having made over 70 investments in promising startups across its target sectors. This extensive track record underscores their active role in the regional startup landscape.

Beyond capital, Martlet Capital provides significant value to its portfolio companies through access to a robust network of experienced entrepreneurs and advisors. Their deep understanding of the Cambridge innovation ecosystem further enhances their ability to support founders. The success of their portfolio is evident in the impressive follow-on funding secured by their companies, which collectively have raised over $315 million. This substantial sum highlights the quality of Martlet's initial investments and their ability to attract further capital into their ventures. The firm's commitment to fostering groundbreaking technologies and scientific advancements solidifies its position as a key player in the UK's deep tech and life science investment scene.

Investor Profile

Martlet Capital has backed more than 49 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 12% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States.
  • Strong thematic focus on Biotechnology, Health Care, Software.
  • Typical check size: $63K – $630K.

Stage Focus

  • Seed (57%)
  • Series A (20%)
  • Pre Seed (8%)
  • Angel (6%)
  • Series B (6%)
  • Series Unknown (2%)

Country Focus

  • United Kingdom (96%)
  • United States (4%)

Industry Focus

  • Biotechnology
  • Health Care
  • Software
  • Information Technology
  • Pharmaceutical
  • Artificial Intelligence (Ai)
  • Medical
  • Network Security
  • Quantum Computing
  • Telecommunications
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Martlet Capital frequently co-invest with?

Wren Capital
Europe, England, United Kingdom, London
Co-Investments: 4
Cambridge Innovation Capital
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 4
Cambridge Capital Group
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 6
Cambridge Angels group
Europe, England, United Kingdom, London
Co-Investments: 25
Amadeus Capital Partners
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 8
O2h Ventures
Europe, Cambridgeshire, United Kingdom, Hauxton
Co-Investments: 3
University of Cambridge Enterprise
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 15
IQ Capital
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 11
Ahren Innovation Capital
Europe, England, United Kingdom, London
Co-Investments: 3
Parkwalk Advisors
Europe, England, United Kingdom, London
Co-Investments: 14

Which angels does Martlet Capital often collaborate with?

MC
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 1
JY
Europe, Surrey, United Kingdom, Guildford
Shared Deals: 1
PO
Europe, United Kingdom
Shared Deals: 1
DH
Europe, England, United Kingdom, London
Shared Deals: 1
PC
Europe, United Kingdom
Shared Deals: 1
DC
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 1
EB
Europe, England, United Kingdom, London
Shared Deals: 1
Shared Deals: 1
AT
Europe, England, United Kingdom, London
Shared Deals: 1
JM
North America, Massachusetts, United States, Cambridge
Shared Deals: 3

What are some of recent deals done by Martlet Capital?

AllFocal Optics

Cambridge, Cambridgeshire, United Kingdom

AllFocal Optics revolutionizes display technology through groundbreaking nanophotonic solutions.

SeedNov 6, 2024
Amount Raised: $3,600,000
Infinitopes

Oxford, Oxfordshire, United Kingdom

Infinitopes is developer of vaccines for the treatment of cancer.

Biotechnology
SeedApr 30, 2024
Amount Raised: $15,985,813
Xampla

Cambridge, Cambridgeshire, United Kingdom

Xampla develops natural, biodegradable materials as sustainable alternatives to traditional plastics.

BiotechnologyCleanTechPlastics and Rubber Manufacturing
Series BJan 30, 2024
Amount Raised: $6,981,724
Spotta

Cambridge, Cambridgeshire, United Kingdom

Spotta is the creator of an ultra-low-power insect monitoring sensor meant to identify bed bug infestations.

HospitalityHousekeeping ServicePet
Series ADec 15, 2023
Amount Raised: $3,807,000
Nu Quantum

Cambridge, Cambridgeshire, United Kingdom

Nu Quantum is a quantum networking start-up building the entanglement fabric essential to scaling quantum computers.

Information TechnologyNetwork SecurityQuantum ComputingTelecommunications
SeedNov 2, 2023
Amount Raised: $8,532,558
Strolll

London, England, United Kingdom

Strolll is a digital health startup developing solutions for the mobility of people living with neurological disorders.

Augmented RealityHealth CareMedical DeviceVirtual Reality
SeedOct 17, 2023
Amount Raised: $2,557,411
Pencil Biosciences

Alderley Park, Cheshire, United Kingdom

Pencil Biosciences is a novel gene modulation company.

BiotechnologyHealth Care
SeedSep 28, 2023
Amount Raised: $6,834,369
RoboK

Cambridge, Cambridgeshire, United Kingdom

RoboK is a computer vision startup with a mission to make all industrial workplaces safe and high-performing with AI.

Artificial Intelligence (AI)Computer VisionIndustrialPorts and HarborsSoftware
SeedJun 29, 2023
Amount Raised: $1,976,489
PharmEnable

Cambridge, Cambridgeshire, United Kingdom

PharmEnable has developed a rapid and cost effective way to identify better chemical starting points to drive the discovery.

BiotechnologyLife ScienceMedicalPharmaceutical
SeedMay 22, 2023
Amount Raised: $7,460,367
NunaBio

Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom

NunaBio operates as a privately-owned specialist DNA development company.

BiotechnologyLife ScienceMedicalProduct Research
SeedApr 20, 2023
Amount Raised: $2,363,760