Motoreto — Seed · €1.4M

Used-car distribution marketplace Motoreto closed a €1.4 million seed round with OK Venture, First Drop VC, Fides Capital, Core Angels Lisbon, tyre distributor Grupo Andrés and business angels including Swipcar founder Julio Ribes; no lead was named. The company billed over €12 million in 2022 and will use the money to consolidate in Spain and expand across Europe.