TTTech Auto Raises $285M to Accelerate the Software-Defined Vehicle Revolution

TTTech Auto, a trailblazer in developing cutting-edge System, Safety, and Security solutions for the software-defined vehicle (4SDV), has reached an exciting new chapter in its evolution by raising USD 285 million in its most recent funding round, led by industry stalwarts Aptiv and Audi. Founded in 2018 by the TTTech Group alongside esteemed technology leaders Audi, Infineon, and Samsung, TTTech Auto has rapidly ascended as a trusted partner to several million cars on the road, equipping global manufacturers with the advanced digital frameworks required for automated and autonomous driving. This infusion of capital is set to further empower the company’s mission to optimize vehicle performance while maintaining uncompromised safety, seamless integration, and continuous software update capabilities. Headquartered in Vienna, Austria, and supported by a dedicated workforce of 1,100 employees across subsidiaries in Europe and Asia, TTTech Auto continues to drive the automotive revolution. The funds will accelerate the expansion of the company’s proprietary platform solutions, enabling further investments in research and development and strategic collaborations with leading car manufacturers on next-generation ADAS and autonomous driving programs. Additionally, TTTech Auto’s recent acquisitions and investments in technology firms across the UK, Spain, Turkey, China, and Central and Eastern Europe underscore its commitment to maintaining a robust and innovative technology portfolio. This milestone financing not only validates TTTech Auto’s pioneering efforts and market impact but also reinforces its vision to radically transform the automotive landscape by letting customers concentrate on the driving experience while the platform takes care of the technical intricacies essential for modern mobility.