Gland, Switzerland – March 10, 2022 – Allegory Capital has successfully led a CHF 280K seed round to establish Pitlane Automotive Engineering. This strategic investment aims to enhance Pitlanework’s high-end car modification capabilities and ensure road-legal approval in Europe and Switzerland.

Key Highlights:

• Allegory Capital leads CHF 280K seed funding for Pitlane Automotive Engineering.
• Pitlane Automotive Engineering specialises in high-end car modifications with road-legal approval.
• Kainjoo Racing’s sponsorship aligns with its commitment to performance and innovation, enhancing Pitlaneworks’ racing activities and integrating Kainjoo’s strategic vision.

Pitlane Automotive Engineering: Driving Innovation in High-End Automotive Customization

Revolutionizing Vehicle Customization

Allegory Capital’s CHF 280K seed funding for Pitlane Automotive Engineering marks a significant milestone for Pitlaneworks, a company renowned for its extreme automotive customization and high-performance builds since its inception in 2016. Pitlaneworks, the official Swiss dealer for Liberty Walk, has delivered remarkable projects such as the Ferrari 458 Liberty Walk Dry Carbon, showcased at the Goodwood Festival of Speed in 2022, and the road-legal GTR Wide Body R35. These projects underscore the company’s commitment to innovation and excellence, positioning Pitlaneworks alongside high-end automotive giants like Techart and Mansory. Paulo Cristovao, the founder and a former world champion in several drift series across Europe and Japan, emphasized, “This investment allows us to push the boundaries of what’s possible in automotive engineering, ensuring compliance and superior performance.”