33N
Assembly Line
Italy-based Exein raises €15M to lead the charge in embedded IoT cybersecurity
Roma-based Exein, an embedded IoT cybersecurity company, announced that it has raised €15M in a Series B round of funding. The round was led by an investor in cybersecurity and infrastructure software, 33N, and supported by Partech, along with existing investors United Ventures, eCAPITAL, and Future Industry Ventures (a Redstone/SBI fund).
The funds will support Exein’s global expansion into Europe, the US, and Asia, with a new office in Taipei. The company also plans to double its workforce within the next year.