# Exein

> Rome-based embedded runtime cybersecurity for connected devices and physical AI systems.

## Why it is interesting

Exein just printed a $270M Headline-led round at a $1.7B valuation after raising about $170M in 2025, pivoting the story from IoT device protection toward kernel-level security for robots, vehicles, and other physical AI — with a proprietary foundation model trained on telemetry from a company-claimed 2B+ devices.

## Profile

- **Latest funding:** Growth — $270M (September 2026)
- **Latest known valuation:** $1.7B (September 2026)
- **Total disclosed equity funding:** $270M
- **Stage:** growth
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-09-15
- **Latest funding investors:** Headline, Sofina, Goldman Sachs, European Investment Bank (ETCI), KfW Capital, T.Capital, Balderton Capital, HV Capital, Intrepid Growth Partners, 33N, Lakestar, Supernova Invest, Blue Cloud Ventures, Geodesic Capital

## Key facts

- $270M funding led by Headline at $1.7B valuation (Sep 15, 2026; Il Sole 24 Ore / FT)
- Follows ~$170M raised in 2025 (company / prior Exein releases)
- Company: foundation model trained on telemetry from 2B+ devices; Photon kernel-level defense
- Use of proceeds: U.S. + APAC expansion and Physical AI security agents (company / press)

## Funding history

- Growth · $270M · September 2026
  Source: Https://en.ilsole24ore.com/art/italian-start-up-exein-becomes-a-unicorn-valued-at-17-billion-AJcOwqCB
- Series C + follow-on · ~$170M / ~€170M (company 2025 total) · 2025
  Source: Https://www.exein.io/blog/exein-raises-100m-funding-to-accelerate-its-global-expansion

## Related articles

- https://venturecapitaltracker.com/2026-exein-270m-headline-1-7b-physical-ai-security
- https://venturecapitaltracker.com/2026-september-14-15-investment-news-exein-euclyd-open-cosmos

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 15, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/exein