MotorK to get €10 million in debt and equity in a round led by Real Web

MotorK, a Milan, Italy-based digital marketing provider for automotive companies, announced a fundraising of more than 10 million Euros.

The round includes a combination of equity and debt, led by Luxembourg-based Real Web, an internet holding company. Existing investors Zobito and 83North also contributed to the round. Instead illimity, the high-tech bank specialized in SME credit, is the sole provider for the debt facility.

MotorK, founded in 2010 by CEO Marco Marlia, develops and sells digital solutions and SaaS cloud products to auto companies and is active in Italy, Spain, France, Germany and the United Kingdom.