New Italian unicorn Exein rides the physical AI wave
Italian cybersecurity startup Exein has reached unicorn status with a $1.7 billion valuation after raising $270 million. The company focuses on providing kernel-level security for physical AI devices, such as robots and autonomous vehicles, to protect them from emerging cyber threats.
Why it matters
As physical AI and IoT devices become more prevalent in critical infrastructure, securing the hardware layer is becoming a major priority for manufacturers and investors.
Europe has a new unicorn: Italian startup Exein has just raised a $270 million funding round led by Headline at a $1.7 billion valuation on the promise of providing a cybersecurity layer for physical AI — an evolution of its initial focus on IoT.
“The concept of Exein is that every device should be able to defend itself, regardless if they are connected to a secure network or not,” CEO Gianni Cuozzo told TechCrunch. The Rome-based company has been doubling down on this approach; its latest product, Photon , is a runtime security solution to prevent attacks at the kernel level of a device.
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