About TTTech Auto
TTTech Auto is a company based in Vienna (Austria) founded in 2018 was acquired by NXP Semiconductors in January 2025.. TTTech Auto has raised $285 million across 9 funding rounds from investors including NXP Semiconductors, Audi and Aptiv. TTTech Auto has completed 1 acquisition, including Red Pine Software. TTTech Auto offers products and services including MotionWise Safety Middleware, Zetta Auto, Small Volume ECUs, and PM-350 Data Logger. TTTech Auto operates in a competitive market with competitors including Mobileye, Indie Semiconductor, Telenav, Mojio and Otonomo, among others.
- Headquarter Vienna, Austria
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Tttech Auto Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$285 M (USD)
in 9 rounds
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Latest Funding Round
$615.49 K (USD), Grant
May 01, 2023
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Investors
NXP Semiconductors
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
NXP Semiconductors
(Jan 05, 2025)
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Products & Services of TTTech Auto
TTTech Auto offers a comprehensive portfolio of products and services, including MotionWise Safety Middleware, Zetta Auto, Small Volume ECUs, and PM-350 Data Logger. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides middleware for ensuring safety and security in software-defined vehicles.
Offers unified in-vehicle and V2X communication for automotive applications.
Accelerates development of ASIL D programs with prototype electronic control units.
Enables verification and validation for software-defined vehicle systems.
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Funding Insights of TTTech Auto
TTTech Auto has successfully raised a total of $285M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $615.49 thousand completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Grant — $615,489
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Grant - TTTech Auto | Valuation |
investors |
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| Nov, 2022 | Amount | Grant - TTTech Auto | Valuation |
investors |
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| Feb, 2022 | Amount | Series D - TTTech Auto | Valuation | Aptiv , Audi |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TTTech Auto
TTTech Auto has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include NXP Semiconductors, Audi and Aptiv. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Finance and advisory services for infrastructure projects are provided.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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SaaS-based self-driving solutions for autonomous vehicles
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TTTech Auto
TTTech Auto has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Red Pine Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Embedded software is provided for automotive IVI and ADAS systems.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TTTech Auto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tttech Auto Comparisons
Competitors of TTTech Auto
TTTech Auto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mobileye, Indie Semiconductor, Telenav, Mojio and Otonomo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based system-on-chips are developed for advanced driver assistance systems.
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| domain | founded_year | HQ Location |
Manufacturer of SoCs for automotive industry
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| domain | founded_year | HQ Location |
Connected car platforms and navigation solutions are provided by Telenav.
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| domain | founded_year | HQ Location |
Cloud-connected device and platform for cars
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| domain | founded_year | HQ Location |
Online platform offering a data marketplace for the automotive sector
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| domain | founded_year | HQ Location |
Provider of SaaS-driven API platform for connected car data
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tttech Auto
Frequently Asked Questions about TTTech Auto
When was TTTech Auto founded?
TTTech Auto was founded in 2018.
Where is TTTech Auto located?
TTTech Auto is headquartered in Vienna, Austria.
Who is the current CEO of TTTech Auto?
Dirk Linzmeier is the current CEO of TTTech Auto.
Is TTTech Auto a funded company?
TTTech Auto is a funded company, having raised a total of $285M across 9 funding rounds to date. The company's 1st funding round was a Series D of $285M, raised on Jan 12, 2018.
What does TTTech Auto do?
TTTech Auto was founded in 2018 in Vienna, Austria, as a provider in the automotive sector focused on autonomous driver assistance. A software platform is offered for automated driving and vehicle monitoring, incorporating an open integration framework and reusable components. Hardware solutions, including electronic control units and display systems tailored for vehicles, are also supplied. Operations emphasize integration and monitoring technologies for mobility applications.
Who are the top competitors of TTTech Auto?
TTTech Auto's top competitors include Mobileye, Indie Semiconductor and Smartcar.
What products or services does TTTech Auto offer?
TTTech Auto offers MotionWise Safety Middleware, Zetta Auto, Small Volume ECUs, and PM-350 Data Logger.
How many acquisitions has TTTech Auto made?
TTTech Auto has made 1 acquisition, including Red Pine Software.
Who are TTTech Auto's investors?
TTTech Auto has 5 investors. Key investors include NXP Semiconductors, Audi, Aptiv, European Investment Bank, and European Union.
What is TTTech Auto's valuation?
The valuation of TTTech Auto is $1B as of Feb 2022.
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