Exein, a Rome, Italy-based embedded IoT cybersecurity company, raised €15M in Series B funding.
The round was led by 33N with participation from Partech and existing investors United Ventures, eCAPITAL, and Future Industry Ventures.
The company intends to use the funds to further enhance its expansion plans across Europe, the US as well as Asia where a new office in Taipei will spearhead growth in the region.
Led by CEO and Founder Gianni Cuozzo, Exein is an embedded IoT cybersecurity company that focuses on device-level security, developing security measures directly into device software. Leveraging edge AI for real-time threat detection and response, it protects over 80 million devices daily across various sectors including industrial, automotive, and aerospace.
The company has offices in Germany and US.
FinSMEs
12/07/2024