Rome-based cybersecurity firm Exein, which develops AI-powered embedded cybersecurity for connected devices, has secured €100 million in new funding, bringing the company’s total capital raised in 2025 to €170 million. The round is led by Blue Cloud Ventures, with support from J.P. Morgan.
- Founded in 2018 by Gianni Cuozzo, Exein develops embedded cybersecurity solutions for connected devices, focusing on securing firmware and IoT systems at the device level. The platform integrates AI-powered runtime security directly into firmware, allowing devices to detect, contain, and respond to cyber threats in real time, including in offline environments.
- It includes Exein Runtime for on-device threat prevention and Exein Analyzer to monitor device health, identify vulnerabilities, and recommend corrective actions.
- The system is hardware-agnostic and designed to support compliance with standards such as the EU Cyber Resilience Act, US Cyber Trust Mark, RED 3.3, ETSI EN 303-645, and IEC 62443. Exein’s technology protects billions of devices across sectors such as energy, healthcare, automotive, aerospace, robotics, and industrial automation, enabling organizations to maintain device integrity, secure supply chains, and respond proactively to emerging cyber threats.
Details of the deal
- The funding round for Exein was led by Blue Cloud Ventures, with participation from HV Capital, Intrepid Growth Partners, Geodesic Capital, and J.P. Morgan. Additionally, the €100 million included both an equity investment and a financing facility led by J.P. Morgan.
- Exein plans to use the €100 million funding to accelerate the development of its next-generation embedded runtime security technology, including AI-enabled protections for on-device AI and large language models, with an initial release expected at RSAC 2026.
- The company also intends to support a multi-transaction M&A program across Europe and the US, expand its international presence with a focus on the US and APAC markets, and scale its platform to protect over 2 billion connected devices, strengthening its position in the rapidly growing device-level cybersecurity market.
