TTTech Auto Company Profile
Background
Founded in 2018, TTTech Auto is a Vienna-based company specializing in automotive safety software and hardware platforms for automated and autonomous driving. The company was established by TTTech Group in collaboration with industry leaders Audi, Infineon, and Samsung, aiming to develop a globally deployable, safe vehicle software platform. TTTech Auto's mission is to ensure safety and electronic robustness in the evolving landscape of automated vehicles. With a workforce of approximately 1,100 employees across more than 10 locations in Europe, the USA, and Asia, the company collaborates with leading car manufacturers on their Advanced Driver Assistance Systems (ADAS) and autonomous driving programs.
Key Strategic Focus
TTTech Auto's strategic focus centers on advancing the development of software-defined vehicles (SDVs) by providing safe and reliable software platforms. The company's flagship product, MotionWise, is a safety software platform designed to support car manufacturers in reducing development cycles for SDVs while ensuring safety across all vehicle functions. MotionWise is delivered as an open, modular, standards-based platform, enabling accelerated software development from concept to series production, including over-the-air feature updates. As of early 2022, approximately two million vehicles were operating safely with MotionWise.
Financials and Funding
In February 2022, TTTech Auto secured a significant investment of USD 285 million (EUR 250 million) from Aptiv PLC and Audi. Aptiv contributed USD 228 million (EUR 200 million), while Audi increased its existing stake by USD 57 million (EUR 50 million). This funding round elevated TTTech Auto's valuation to over USD 1 billion, solidifying its position among automotive technology unicorns. The capital is intended to expand the product portfolio, enhance international presence—particularly in Asia—and pursue strategic mergers and acquisitions to bolster safety technology capabilities.
Technological Platform and Innovation
TTTech Auto distinguishes itself through its proprietary safety software platform, MotionWise, which acts as the safety mastermind within a vehicle's architecture. MotionWise ensures that mission-critical data is processed reliably and in real-time, prioritizing safety-critical functions and enabling timely vehicle responses. The platform's open, modular design facilitates seamless integration and supports over-the-air updates, allowing manufacturers to accelerate software development and deployment.
In September 2023, TTTech Auto announced a partnership with mimik Technology Inc. to enhance the development of software-defined vehicles and smart mobility solutions. This collaboration aims to integrate mimik's hybrid edge cloud platform with TTTech Auto's safety solutions, paving the way for advancements in driver assistance and autonomous mobility.
Leadership Team
- Dr. Dirk Linzmeier: Chief Executive Officer
- Dr. Stefan Poledna: Chief Technology Officer and Co-Founder
Dr. Poledna was honored with the MotorTrend SDV Innovator Award 2025 in the Pioneers category, recognizing his contributions to the field of software-defined vehicles and automotive safety technology.
Leadership Changes
In June 2024, TTTech Auto elevated its strategic positioning and brand under the new company claim "Made to Drive," reflecting its commitment to automotive software innovation and technology.
Competitor Profile
Market Insights and Dynamics
The automotive software industry is experiencing rapid growth, driven by the increasing demand for automated and autonomous driving solutions. The shift towards software-defined vehicles necessitates robust safety platforms, positioning companies like TTTech Auto at the forefront of this transformation.
Competitor Analysis
TTTech Auto operates in a competitive landscape alongside companies such as STMicroelectronics, Xilinx, Analog Devices, Infineon Technologies, Lattice Semiconductor, NXP Semiconductors, Texas Instruments, and Maxim Integrated. These competitors focus on various aspects of automotive technology, including semiconductor solutions and safety software platforms.
Strategic Collaborations and Partnerships
TTTech Auto has established significant partnerships to strengthen its market position and innovation capacity:
- Aptiv PLC: In 2022, Aptiv invested USD 228 million in TTTech Auto, enhancing collaboration on safety software systems for vehicles across various brands.
- Audi: Audi increased its stake in TTTech Auto by USD 57 million in 2022, continuing a longstanding strategic partnership in developing automated driving technology.
- mimik Technology Inc.: In 2023, TTTech Auto partnered with mimik to integrate hybrid edge cloud solutions, advancing the development of software-defined vehicles and smart mobility.
Operational Insights
TTTech Auto's strategic considerations include expanding its product portfolio, enhancing international presence—particularly in Asia—and pursuing strategic mergers and acquisitions to bolster safety technology capabilities. The company's focus on safety middleware solutions positions it as a key enabler for safe software-defined vehicles, optimizing performance, safety, integration, and software updates.
Strategic Opportunities and Future Directions
TTTech Auto aims to capitalize on the growing demand for software-defined vehicles by expanding its product offerings, entering new markets, and strengthening strategic partnerships. The company's commitment to innovation and safety positions it to play a pivotal role in the future of automated and autonomous driving technologies.
Contact Information
- Website: www.tttech-auto.com
- LinkedIn: www.linkedin.com/company/tttech-auto