Europe has welcomed a new unicorn. Exein (exein.io), a Rome-based tech startup from Italy, has recently closed an oversubscribed $270 million funding round led by Headline. Following this financing, the company has attained a valuation of $1.7 billion, with its total fundraising exceeding $600 million since its founding, securing its position among Europe’s top cybersecurity unicorns.
Founded in 2018, Exein initially focused on IoT security. It has since evolved its business focus to deliver cybersecurity layers for physical artificial intelligence, building dedicated security protection for various physical intelligent devices. The company’s core vision is to enable devices to defend themselves independently, regardless of network security status. Its in-house developed product Photon is designed to mitigate kernel-level attacks and fortify the underlying security of connected devices.
Since its inception, Exein has deeply engaged with device supply chains through long-term partnerships with OEMs and chip suppliers. Its business spans critical sectors including aerospace, industrial automation, automotive, healthcare and semiconductors. To date, the firm has safeguarded over 2 billion connected devices, effectively preventing operational paralysis caused by cyberattacks across key industries.
Fueled by the booming physical AI sector, Exein’s valuation has skyrocketed. Its valuation has surged 30 times compared with its Series B round two years ago and has more than doubled since its Series C financing early last year. According to the company’s founder, the proliferation of open-source AI models has lowered barriers for malicious attacks on physical devices, driving a sharp rise in demand for physical device cybersecurity. Moving forward, Exein’s security solutions will cover a wide range of physical AI endpoints, including autonomous vehicles, intelligent robots, drones and edge computing devices.
The article comes from the Internet. If there is any infringement, please notify me to delete it. Please indicate the source when reprinting！
If you have news to publish, please send it to:article@domain.news
