TTTech Computertechnik AG announced that it will raise €250,000,000 in a round of funding on February 3, 2022. The transaction will involve participation from new investor Aptiv PLC for €200,000,000 and returning investor AUDI AG for €50,000,000. The round is raised at a valuation of more than $1,000,000,000 (€885,200,000).

The transaction is subject to regulatory approval and is expected to close within the next two months.