Exein Raises €100 Million in New Funding to Accelerate its Global Expansion

Exein, a global leader in embedded IoT cybersecurity, led by Gianni Cuozzo, Giovanni Alberto Falcione, Gerardo Gagliardo, and Gary Walshe, has raised €100 million in new funding led by Blue Cloud Ventures, with participation from HV Capital, Intrepid Growth Partners, Geodesic, and J.P. Morgan.

The new funding will drive next-generation AI security and international growth. It will enable:

• Development of embedded runtime security for connected devices, including AI-driven protection for LLMs and AI infrastructure, with an initial showcase at RSAC 2026.

• Execution of a multi-deal M&A program across Europe and the US in 2026.

• Accelerated global expansion, particularly in the US and APAC markets.

The new funding comes after Exein’s €70M Series C and highlights its rapid growth: 5× year-on-year revenue, an expanding customer base in critical infrastructure and advanced manufacturing, and strategic partnerships with Kontron, MediaTek, and other leading manufacturers, underscoring rising demand for device-level cybersecurity.

As cyberattacks increasingly disrupt hospitals, airports, transport, and supply chains, manufacturers are shifting from perimeter defenses to security embedded directly in devices.

Exein places AI-powered runtime security inside device firmware, allowing real-time threat detection and response, even offline. This approach ensures supply chain integrity, regulatory compliance (RED 3.3, EU Cyber Resilience Act, US Cyber Trust Mark), and positions Exein as the world’s leading embedded runtime security provider.

Gianni Cuozzo, Founder & CEO of Exein, said the funding will accelerate growth, support M&A, and bring the next generation of runtime security, unveiled at RSAC Q1, helping build a “digital immune system” for connected devices worldwide.

Rami Rahal, Blue Cloud Ventures, emphasized Exein’s mission to protect the rapidly expanding, under-secured attack surface of connected devices.

Max Hauer, J.P. Morgan, highlighted Exein’s role in securing global infrastructure as the company scales internationally.