Milan-based MotorK has secured an additional €3 mn tranche of financing from its existing lender, Atempo Growth. The deal extends MotorK’s current debt facility rather than rewriting it.
The company says the fresh capital strengthens its financial position and covers general corporate needs. The new tranche carries financial terms broadly in line with the original facility.
Atempo Growth operates out of London and Italy and focuses on growth-stage European companies. In April 2025, the firm announced the first close of €300 mn for its second fund, Atempo II, lifting total assets under management to €800 mn, according to Beinsure.
That capital base gives it room to keep backing existing borrowers rather than just chasing new names.
MotorK was founded in 2010 and builds SaaS tools for automotive manufacturers and dealers across EMEA.
Its software supports digital sales and marketing workflows, and the company positions itself as a technology partner rather than a bolt-on vendor.
According to MotorK, it runs one of the largest R&D teams in Europe focused on automotive digital sales.
The SparK platform sits at the centre of that pitch. It pulls marketing, sales, data, and operational functions into a single environment, designed to help dealers and OEMs coordinate activity without juggling disconnected systems. It’s a big promise. Execution matters more.
Governance shifted last year. In June, co-founder Marco Marlia moved from CEO to president, taking charge of business development, partnerships, and broader industry relationships.
Executive chairman Amir Rosentuler stepped in as interim CEO, a temporary fix by design.
Capital activity didn’t stop there. In March last year, MotorK completed a €4.8 mn reserved capital increase with backing from investors including 83North and Lucerne Capital Management, Beinsure noted. Debt now complements that equity, not replaces it.
MotorK has traded on Euronext Amsterdam since November 2021. It obtained ISO 27001 certification in November 2024, a box enterprise customers increasingly expect checked.
The group employs close to 310 people and operates across eight countries, including Italy, Spain, France, Germany, Belgium, the Netherlands, the UK, and Israel.
We think the extra €3 mn signals caution more than ambition. Balance-sheet padding, not expansion fuel. In a choppy SaaS market, that restraint might be the point.
