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Automotive software company TTTech Auto raises $285 million investment from Aptiv and Audi

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TTTech Auto, an Austria-based automotive safety technology startup, has raised $285 million (€250 million) from Aptiv and Audi in its latest funding round.

Aptiv is investing $228 million (€200 million), while Audi is increasing its existing stake by $57 million (€50 million).

With this latest funding round and a valuation of more than $1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns. The transaction is subject to regulatory approval and is expected to close within the next two months. [Read more…] about Automotive software company TTTech Auto raises $285 million investment from Aptiv and Audi

TTTech Auto and Infineon design new chip architecture for highly automated driving

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TTTech Auto and Infineon Technologies have developed key components for a fail-operational electronic architecture for highly automated driving of SAE Level 3 and 4.

This enables the safe and reliable processing of, for example, radar or LiDAR camera sensor data and is targeting car and technology manufacturers. The fail-operational architectural concept and its key components ensure the safe operation of highway pilot functions, valet parking and autonomous truck driving in case individual functions fail.

The joint research contributed to the successful completion of the European PRYSTINE (Programmable Systems for Intelligence in Automobiles) project. With a budget of about €50 million, PRYSTINE aimed to realize safe automated driving by fail-operational urban surround perception. [Read more…] about TTTech Auto and Infineon design new chip architecture for highly automated driving

Automated driving developer TTTech Auto expands team

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TTTech Auto says it has grown its developer team for global customer projects.

After the acquisition of software company Silicon Gears in 2019, TTTech Auto expanded further on the Iberian Peninsula. The Madrid office opened in mid-February and will reinforce development capacities for global customer projects.

Spain is the country with the fourth-highest number of computer developers in the European Union, according to the State of European Tech 2019 report. Almost 40 per cent of the 323,000 developers are located in Madrid. [Read more…] about Automated driving developer TTTech Auto expands team

TTTech Auto acquires automotive software company Red Pine

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TTTech Auto, a developer of safety software platforms for automated driving, has acquired Red Pine Software. 

TTTech Auto says it is continuing its growth strategy with this acquisition and increases its software development capacities for Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD) series development projects featuring its flagship product MotionWise.

Red Pine and its 60 employees are experts in automotive embedded software engineering with a focus on ADAS. The acquisition became effective as of January 1, 2020. [Read more…] about TTTech Auto acquires automotive software company Red Pine

Infineon and TTTech Auto collaborate for level 4 and 5 automated driving

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Semiconductor firm Infineon Technologies AG and TTTech Auto, a leader in safety platforms for automated driving, have just released the second generation of their fully integrated automotive-grade safety solution for automated driving use cases.

It is based on Infineon’s AURIX™ TC397XM microcontroller and TTTech Auto’s MotionWise safety software platform.

It delivers full support and scalability for level 2+ solutions up to the advanced levels 4 and 5 of automated driving. It is said to help customers achieve faster time-to-market, improved software integration and validation thus reducing overall cost.

[Read more…] about Infineon and TTTech Auto collaborate for level 4 and 5 automated driving

BMW Group enlists software development partners for autonomous driving

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The BMW Group has selected software development partners KPIT and TTTech to press ahead with the scalable Autonomous Driving Platform and to work together on the development of Level 3 and Level 4/5 functions (Highway Pilot and Urban Pilot).

This move bolsters the BMW Group’s development resources for automated driving and represents another step forward in its quest to expand the platform’s ecosystem and establish the technology in the automotive industry.

KPIT and TTTech will be well positioned to help roll out the software stack within the Autonomous Driving Platform to third parties. This will make it easier to integrate other OEMs and begin offering scalable software solutions across the industry.

[Read more…] about BMW Group enlists software development partners for autonomous driving

Infineon signs deal with TTTech to speed up development in autonomous driving

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Infineon has reached an agreement with TTTech on the joint development of autonomous vehicle technologies. 

Under the guidance of Audi, TTTech developed a central platform control unit, “zFAS”, integrating various functionalities of advanced driver assistance systems (ADAS).

The ECU also enables comprehensive fusion of sensor data. Microcontrollers from Infineon Technologies safeguard that highest requirements towards computing performance and safety are met.  [Read more…] about Infineon signs deal with TTTech to speed up development in autonomous driving