NetScientific makes further investment in Martlet Capital


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Life sciences investor NetScientific said it had poured more funds into specialist finance provider Martlet Capital.

NetScientific said its corporate finance and venture capital subsidiary EMV Capital syndicated about £0.74 million of its investment into Martlet Capital to its investor network.

It also had invested a further around £0.73 million into Martlet Capital, which had been agreed to be syndicated to the investor network shortly.

'As a result of this investment, the total syndicated amount is £1.47 million, under carried interest arrangements, while the group's direct holding upon completion will have decreased from £1 million to £0.25 million,' Netscientific said.