Urgent.News

What's breaking now, across thousands of outlets.

AI

Exein becomes unicorn: Italian Physical AI security start-up valued at $1.7bn

Rome-based startup Exein raises $270 million, reaching a $1.7 billion valuation. The company secures Physical AI, protecting over 1.5 billion connected devices across multiple industries.

Italian AI-focused cybersecurity startup Exein has achieved unicorn status after securing a $270 million funding round, bringing its overall valuation to $1.7 billion. The investment was led by global fund Headline and backed by institutional investors, including the European Investment Bank, which valued Exein as Europe's highest-valued hardware cybersecurity firm.

Established in 2018 in Rome by CEO Gianni Cuozzo, the company's mission is to secure modern hardware through close collaboration with manufacturers. Its focus on Physical AI, which includes autonomous systems like industrial robots, self-driving vehicles, drones, medical devices, energy infrastructure, and aerospace systems, aims to protect these devices from cyber threats that could result in direct physical damage.

Exein's technology, known as embedded security, offers ultra-low-latency protection, making it a priority in the rapidly advancing field of artificial intelligence. With two products - Pulsar, a Linux defence tool that monitors devices in real-time, and Photon, a preventive platform for Physical AI - Exein protects over 1.5 billion devices worldwide.

The company plans to expand its operations in the US and Asia-Pacific markets while strengthening its existing sites in Italy and abroad, aligning with global regulatory directives such as the EU's Cyber Resilience Act.

Written by urgent.news from Euronews Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at euronews.com →

More in AI

Pew Study Shows How Google AI Overviews Are Changing Search Click Behavior

Google's AI Overviews are changing what a successful search result looks like. In a Pew Research Center study of Google browsing behavior, users clicked a traditional result in 8% of visits with an AI…

  • Google AI Overviews reduce traditional search clicks by 8% in tests.
  • AI summaries appear in 18% of Google searches, mostly on longer queries.
  • Website owners should focus on original evidence and clear value to retain visitors.

More from Wednesday 16 September →