Exein
Rome-based embedded/IoT cybersecurity firm securing firmware across critical infrastructure, industrial, and aerospace devices.
Exein, founded in 2018 by CEO Gianni Cuozzo and based in Rome, Italy, builds embedded cybersecurity software (Exein Runtime and Exein Analyzer) that secures firmware on IoT and Physical-AI devices across industrial automation, automotive, energy, healthcare, semiconductor, and aerospace sectors, protecting a reported 1.5 billion+ devices. The company raised a €15M Series B (2024), then €170M in 2025 alone — a €70M Series C (July 2025) followed by a further €100M round (December 2025) — bringing lifetime cumulative funding to roughly $200-225M (~€200M+).
Overview
- Headquarters
- Rome, Italy
- Founded
- 2018
- Employees
- 76
- Total funding
- ~€200M+ lifetime (€170M raised in 2025 alone)
- Stage
- Series C
- Status
- active
- Domains
- Embedded/IoT security, Firmware security, Physical AI security
- Website
- www.exein.io
Investors12
- Fund33N VenturesPortuguese venture capital firm; led Exein's €15M Series B (July 2024) and participated in its €70M Series C (July 2025).
- FundPartechGlobal venture capital firm; joined Exein's €15M Series B (2024) and continued participating in its €70M Series C (2025).
- FundUnited VenturesItalian venture capital firm; existing investor in Exein, continuing participation through its Series B and Series C rounds.
- FundeCAPITALGerman venture capital firm; participated in Exein's €15M Series B (2024).
- FundFuture Industry VenturesVenture capital firm; participated in Exein's €15M Series B (2024).
- FundBaldertonLed Exein's €70M Series C (July 2025).
- FundSupernovaVenture capital firm; joined Exein's €70M Series C (July 2025).
- FundLakestarPan-European VC backing visionary tech entrepreneurs from seed to scale.
- FundBlue Cloud VenturesLed Exein's €100M December 2025 round.
- FundHV CapitalGerman venture capital firm; participated in Exein's €100M December 2025 round.
- FundIntrepid Growth PartnersGrowth-equity firm; participated in Exein's €100M December 2025 round.
- FundGeodesic CapitalGrowth-equity firm; participated in Exein's €100M December 2025 round.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
| Preferred | ~25.0% | |
| Preferred | ~25.0% | |
| Preferred | ~25.0% | |
| Preferred (Lead) | ~25.0% |
Contracts0
No linked records yet.
Programs0
No linked records yet.
Frequently asked
- What does Exein do?
- Exein, founded in 2018 by CEO Gianni Cuozzo and based in Rome, Italy, builds embedded cybersecurity software (Exein Runtime and Exein Analyzer) that secures firmware on IoT and Physical-AI devices across industrial automation, automotive, energy, healthcare, semiconductor, and aerospace sectors, protecting a reported 1.5 billion+ devices. The company raised a €15M Series B (2024), then €170M in 2025 alone — a €70M Series C (July 2025) followed by a further €100M round (December 2025) — bringing lifetime cumulative funding to roughly $200-225M (~€200M+).
- Where is Exein headquartered?
- Exein is headquartered in Rome, Italy and was founded in 2018.
- How much funding has Exein raised?
- Exein has raised ~€200M+ lifetime (€170M raised in 2025 alone) in disclosed funding.
- What does Exein specialize in?
- Exein works across Embedded/IoT security, Firmware security, Physical AI security.
Sources & citations7
7 sources behind every claim
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