Exein raises $270M at a $1.7B valuation to secure robots and connected devices
Italian firm Exein, which sells embedded runtime security to device makers and chip vendors, raised $270M led by Headline at a $1.7B valuation, aiming at security for robots, drones and other physical AI systems.
Italian firm Exein, which sells embedded runtime security to device makers and chip vendors, raised $270M led by Headline at a $1.7B valuation, aiming at security for robots, drones and other physical AI systems. (TechCrunch; MF Milano Finanza; Leaders League)
New investors include Sofina, Goldman Sachs, the European Investment Bank, KfW Capital and Deutsche Telekom's T.Capital, alongside existing backers such as Balderton and Lakestar. Exein also enlarged its J.P. Morgan revolving credit facility, with KfW joining as a lender. It says its software protects more than 2 billion devices. (TechCrunch; MF Milano Finanza; Leaders League)