Exein Secures €70M Series C to Scale Embedded Cybersecurity Globally
Exein, a Rome-based startup founded in 2018, has closed a €70 million Series C round led by Balderton, with participation from Supernova, Lakestar, 33N, United Ventures, and Partech. This brings its total funding to over US$106 million and values the company at more than €250 million , on the path toward €20 million in revenue for 2025 and projecting triple-digit growth in coming years.
The capital will fuel a global expansion push , focusing on the U.S., Japan, Taiwan, and South Korea , while reinforcing Exein’s strong European presence.
Exein protects more than 1–1.5 billion devices globally , embedding AI-driven, real-time threat detection directly into IoT and edge hardware—what the firm terms a “digital immune system.” Its customers include major chipset and OEM/ODM players like MediaTek, Supermicro, Kontron, SECO, AAEON , and others. The business has reported 450% YoY growth .
Future roadmap includes building out security for on-device AI infrastructure and LLM runtimes , pursuing strategic M&A, and advancing geographic reach.
On the macro side, demand for embedded security is intensifying amid rising cyber threats targeting critical infrastructure, stricter regulations (e.g., US$0.51, Cyber Resilience Act, US Cyber Trust Mark), and growing geopolitical tensions, positioning Exein near the center of a shifting cybersecurity paradigm
source: tech.eu
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