Strategic financial investor firstVentury has invested EUR 20m in Vienna-based supplier of time-triggered systems TTTech Computertechnik AG. Additionally, international automotive company AUDI AG acquired a minority interest in TTTech.
Apax Digital Fund closed on $1bn in December 2017 and was deployed 23% in December 2019
This is the seventh investment made by the GP via Meridia Private Equity I, a €105m fund closed in 2017
Oprah Winfrey, Roc Nation, Natalie Portman, and former Starbucks CEO Howard Schultz also take part in the round
Live Briefing: Tuesday 21 July at 4pm BST