Leading the investment was 33N, a specialist in cybersecurity and infrastructure software, with participation from Partech and ongoing support from existing backers United Ventures, eCAPITAL, and Future Industry Ventures (a Redstone/SBI fund). The infusion of capital will fuel Exein’s ambitious global expansion, particularly in Europe, the US, and Asia, with a new office in Taipei to drive regional growth. The company also plans to double its workforce within the next year.

Exein is transforming IoT security by embedding advanced security measures directly into device software rather than relying on network-level defences. This innovative approach creates a digital immune system for each device, securing it independently. By focusing on endpoint security, Exein ensures that individual devices are protected against cyber threats and compliant with global cybersecurity regulations, offering a more robust solution than traditional network-based methods.

Utilising advanced AI at the edge, Exein enhances protection with real-time threat detection and response capabilities directly on the device. This adaptive and proactive security mechanism provides manufacturers with tailored, cutting-edge defences against cyber threats.

Exein's technology is now a critical component of all Yocto Project initiatives, a significant player in the embedded Linux sector, operating on six billion devices annually. This integration cements Exein’s role as an essential security solution in the industry. Since its inception in 2018, Exein has established strong partnerships with key industry leaders such as SECO, ARM, NVIDIA, AWS, and Lattice Semiconductor, expanding its market presence with millions of devices already secured by Exein’s technology.

Gianni Cuozzo, Founder & CEO, Exein states: "Embedded security is now recognized as essential. We are already living in a digital world and connected devices permeate every aspect of our lives – from homes and cars to cities and critical infrastructure.  Manufacturers need advanced, seamless embedded security, and Exein delivers just that. We have always advocated for security-by-design as the only viable approach to connected device security and I am proud that we have pioneered a decentralised approach to security. In our increasingly connected world every device must be equipped with cutting-edge cybersecurity capabilities and I am excited to expand our presence across Europe, US, and Asia, driven by our mission to create a safer digital world.”

Commenting on their investment, Carlos  Alberto Silva, Managing Partner, 33N, adds: “Our investment in Exein reflects our commitment to back the most innovative cybersecurity companies in Europe and beyond. There is exponential growth in the number of connected devices especially in high-risk industries like robotics, space infrastructure and biotechnology, all of which require state-of-the-art security. Exein saw this opportunity well before anyone else in the market. They have developed technologies that set the global standard for embedded cybersecurity. With the rise of regulatory frameworks worldwide, the demand for embedded security will only increase, and Exein is poised to lead this critical market.”