- Companies
- TTTech Auto
TTTech Auto Acquisition, Valuation, Funding & Investors
TTTech Auto was acquired by NXP Semiconductors for $625M in January 2025.
Cumulative funding TTTech Auto raised
$281M
across 1 funding round
Key investors in TTTech Auto
Aptiv
Audi
About TTTech Auto
TTTech Auto is a Vienna-headquartered developer of safety-critical software platforms for software-defined vehicles. The company supplies MotionWise software for centralized electronic architectures, in-vehicle networking via Time-Sensitive Networking, and validation services for ADAS levels 2 to 4. TTTech Auto collaborates with OEMs like BMW and Volkswagen on zonal controllers and sensor fusion systems. Its solutions integrate deterministic Ethernet standards for fail-operational performance.
Founded
2018
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Licensing, Subscription
Valuation
$1B (Feb 2022)
TTTech Auto Acquisition
TTTech Auto was acquired by NXP Semiconductors for $625M on 7 January 2025.
Before the acquisition TTTech Auto had raised $281M across 1 funding round.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 7 Jan 2025 | Strategic M&A | $625M |
TTTech Auto Valuation
TTTech Auto is currently valued at $1B, based on its strategic investment round in February 2022.
The $281M round was led by Aptiv and Audi.
TTTech Auto valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Strategic investment | $1B |
TTTech Auto Funding History
TTTech Auto has raised a total of $281M across 1 funding round.
TTTech Auto funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2022 | Strategic investment | Aptiv (lead); Audi (lead) | $281M | $1B | TTTech Auto, an Austria-based provider of safety software and hardware solutions for autonomous vehicles spun out from TTTech Group in 2018, raised $285 million in a funding round on February 3, 2022, from Aptiv and Audi. Aptiv contributed $228 million as the lead investor, while Audi added $57 million to strengthen its existing stake from prior investments dating back to 2006. The round valued the company at more than $1 billion, establishing it as Austria's latest auto tech unicorn. The funding supports expansion of TTTech Auto's MotionWise platform, described as the safety brain for automated driving systems, enabling faster development of advanced driver assistance systems (ADAS) and higher levels of autonomy up to Level 4 and 5. With approximately 1,200 employees, the company collaborates with leading carmakers, including deploying its technology in about two million vehicles globally, particularly within the Volkswagen Group through prior Aptiv partnerships. Proceeds will fund product portfolio growth, international expansion into Asia, North America, and Europe, and strategic M&A activities while maintaining independence to serve multiple OEMs. The investment builds on successful collaborations, such as the central driver assistance controller for Audi's vehicles, which won the Automotive News PACE Award in 2019. |
Who has invested in TTTech Auto?
2 investors have backed TTTech Auto across its funding rounds, including Aptiv and Audi.
Lead investors include Aptiv and Audi.
TTTech Auto Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 TTTech Auto investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by TTTech Auto
TTTech Auto has acquired 2 companies to date.
Last acquisition by TTTech Auto was on January 7th 2020. TTTech Auto acquired Red Pine Software for undisclosed valuation.
Latest Acquisitions by TTTech Auto
| Description | Red Pine Software is a Turkey-based provider of embedded software applications tailored for the automotive sector. The company delivers solutions for vehicle control systems, infotainment, and telematics, supporting manufacturers in regions including Europe and the Middle East. Headquartered in Ankara, it focuses on real-time operating systems and middleware that ensure reliability in harsh automotive environments. Red Pine Software maintains partnerships with global tier-one suppliers and operates from facilities equipped for hardware-in-the-loop testing. | - |
| HQ Country | ||
| HQ City | İzmir | Barcelona |
| Deal Date | 7 Jan 2020 | 11 Apr 2019 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all TTTech Auto acquisitions and their M&A valuation multiples. Start Free Trial | ||
TTTech Auto Competitors
TTTech Auto competitors include listed companies like Alfa Financial Software, Broadleaf and Pinewood Technologies, and private ones like JOYNEXT, AutoFi and Dazhongkanche.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $170M | $58M | $618M | 3.4x | ||
| Private | - | - | $577M | - | ||
| Publicly listed | $134M | $34M | $570M | 4.1x | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $54M | $22M | $706M | 12.1x | ||
| Private | - | - | $735M | - |
TTTech Auto Public Comps
TTTech Auto is no longer listed, but its public comps include Alfa Financial Software, Broadleaf, Pinewood Technologies, DSC Holdings, Cerence, SaverOne, Qiming Information, Seeing Machines, SAIMO and Yonyou Auto Info Tech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $170M | $58M | 3.5x | 3.4x | 10.3x | 10.4x | |||
| $134M | $34M | 4.3x | 4.1x | 17.2x | - | |||
| $54M | $22M | 12.2x | 12.1x | 30.1x | 29.9x | |||
| $101M | ($10M) | 3.3x | - | (34.3x) | - | |||
| $252M | $8M | 1.7x | 1.4x | 52.9x | 6.2x | |||
| $335K | ($9M) | 1041.3x | - | (37.0x) | - | |||
| $115M | $14M | 7.4x | - | 62.4x | - | |||
| $62M | ($6M) | 5.4x | 3.9x | (56.5x) | 52.2x | |||
This data is available for Pro users. Sign up to see all TTTech Auto competitors and their valuation data. Start Free Trial | ||||||||
Common questions about TTTech Auto
| When was TTTech Auto founded? | TTTech Auto was founded in 2018. |
| Where is TTTech Auto headquartered? | TTTech Auto is headquartered in Vienna, Austria. |
| Is TTTech Auto publicly listed? | No, TTTech Auto was acquired by NXP Semiconductors in January 2025. |
| Who acquired TTTech Auto? | TTTech Auto was acquired by NXP Semiconductors in January 2025. |
| How much was TTTech Auto acquired for? | TTTech Auto was acquired for $625M in January 2025. |
| What is TTTech Auto's valuation? | TTTech Auto was last valued at $1B in its strategic investment round in February 2022. |
| How much funding has TTTech Auto raised? | TTTech Auto has raised $281M across 1 funding round. |
| What was TTTech Auto's last funding round? | TTTech Auto's last funding round was a $281M strategic investment round in February 2022, led by Aptiv and Audi. |
| Who are TTTech Auto's investors? | TTTech Auto's investors include Audi and Aptiv. |
| Which companies are comparable to TTTech Auto? | Companies comparable to TTTech Auto include Alfa Financial Software, JOYNEXT, Broadleaf, AutoFi, Pinewood Technologies and Dazhongkanche. |
| How many companies has TTTech Auto acquired? | TTTech Auto has acquired 2 companies, including Red Pine Software and Silicon Gears. |
See companies similar to TTTech Auto
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




