TTTech Auto Acquisition, Valuation, Funding & Investors

TTTech Auto was acquired by NXP Semiconductors for $625M in January 2025.

TTTech Auto acquisition price

$625M

Acquired by NXP Semiconductors · Jan 2025

Cumulative funding TTTech Auto raised

$281M

across 1 funding round

Key investors in TTTech Auto

TTTech Auto Overview

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

AustriaVienna

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.

TTTech Auto acquisition details
AcquirerDateTypePrice
7 Jan 2025Strategic 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

TTTech Auto valuation by funding round
DateStageValuation
Feb 2022Strategic investment$1B

TTTech Auto Funding History

TTTech Auto has raised a total of $281M across 1 funding round.

TTTech Auto funding rounds

TTTech Auto funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2022Strategic investmentAptiv (lead); Audi (lead)$281M$1BTTTech 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

Investors in TTTech Auto by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions 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

Red Pine Software
Silicon Gears
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 CountryTurkeySpain
HQ City
İzmir
Barcelona
Deal Date7 Jan 202011 Apr 2019
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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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.

Public and private companies comparable to TTTech Auto
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Alfa Financial SoftwareUnited KingdomUnited KingdomPublicly listed$170M$58M$618M3.4x
JOYNEXTGermanyDresdenPrivate--$577M-
BroadleafJapanJapanPublicly listed$134M$34M$570M4.1x
AutoFiUnited StatesSan Francisco, CAPrivate--$700M-
Pinewood TechnologiesUnited KingdomUnited KingdomPublicly listed$54M$22M$706M12.1x
DazhongkancheChinaBeijingPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alfa Financial Software$170M$58M3.5x3.4x10.3x10.4x
Broadleaf$134M$34M4.3x4.1x17.2x-
Pinewood Technologies$54M$22M12.2x12.1x30.1x29.9x
DSC Holdings$101M($10M)3.3x-(34.3x)-
Cerence$252M$8M1.7x1.4x52.9x6.2x
SaverOne$335K($9M)1041.3x-(37.0x)-
Qiming Information$115M$14M7.4x-62.4x-
Seeing Machines$62M($6M)5.4x3.9x(56.5x)52.2x

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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.

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