London, Jan 02 — MotorK plc (AMS: MTRK) (“MotorK”, the “Group” or the “Company”), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced it has secured an additional €3 million tranche of financing from Atempo Growth (“Atempo”), an existing lender.
The additional funds were secured under similar financial terms and conditions as the original facility, reflecting the continued confidence in MotorK’s business model and financial trajectory.
The proceeds will be used to further strengthen the Group’s financial position and support general corporate purposes as MotorK continues its path toward sustainable profitability and cashflow.