Exein S.p.A
Latest round
- Series C
Last raised
- Sep 2026
Total raised
- $420M
Investors
- 19
About Exein S.p.A
A was founded in 2018 by Gianni Cuozzo and develops embedded and runtime cybersecurity that operates inside connected devices rather than on the network. Exein provides runtime and embedded cybersecurity for connected and Physical AI systems. Photon, its preemptive runtime security architecture launched in 2026, operates at the kernel level to block malicious code before it executes, covering connected devices, Physical AI, autonomous AI agents and cloud and edge infrastructure. Pulsar is a Linux device-defence tool that monitors and protects devices in real time using eBPF technology. The company also offers an AI compliance capability addressing frameworks including the EU Cyber Resilience Act, and is developing a proprietary foundation model for Physical AI security. Its technology is deployed across more than two billion connected devices for industrial automation, automotive, energy, healthcare, semiconductor, aerospace and robotics customers. Exein generates revenue primarily through a subscription model that provides access to its comprehensive IoT security platform. In 2022, the company reported a revenue of EUR 316,225 with an EBITDA of EUR -1,622,215. Clients engage in transactions that typically involve annual or multi-year contracts for ongoing security services, with options for customized solutions depending on the specific needs of the device manufacturers and OEMs. The structure is predominantly B2B, where enterprises partner with Exein to integrate its security solutions into their products, enhancing value and customer trust. Flagship services, such as Runtime Security and Analyzer, are integral to these agreements, allowing clients to ensure that their devices adhere to stringent security protocols. Revenue from partnerships and licensing agreements further supports Exein’s financial model, solidifying its position in the rapidly evolving cybersecurity landscape. Exein plans further expansion in Japan in Q4 2026 and to open an office in South Korea by 2027. It intends to introduce its agentic security architecture by the end of 2026, with its first foundation models expected in Q1 2027, and will continue to pursue M&A opportunities supported by its upsized revolving credit facility.
Who invested in Exein S.p.A
19 investors across 5 rounds
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Questions about Exein S.p.A
Who invested in Exein S.p.A?
Exein S.p.A has 19 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Exein S.p.A raised?
Exein S.p.A has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Exein S.p.A last raise money?
Exein S.p.A's most recent round on record is a Series C, in Sep 2026.
What does Exein S.p.A do?
A was founded in 2018 by Gianni Cuozzo and develops embedded and runtime cybersecurity that operates inside connected devices rather than on the network.
Where is Exein S.p.A headquartered?
Exein S.p.A is headquartered in Rome, Italy.
Which VCs invest in companies like Exein S.p.A?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back it security/cybersecurity companies at Exein S.p.A's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series C
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