Exein, a cybersecurity company specialising in embedded runtime protection for connected devices, has raised fresh capital as it looks to scale its international footprint and meet growing demand for device-level security.
The company has secured €100m in new funding, with the round led by Blue Cloud Ventures and participation from HV Capital, Intrepid Growth Partners, Geodesic and J.P. Morgan. The investment follows Exein’s €70m Series C round in July and brings the company’s total capital raised this year to €170m.
Founded to address the rising cyber risks associated with connected devices, Exein develops embedded runtime security technology that sits directly within device firmware. Its platform uses AI-powered capabilities to enable devices to detect, contain and respond to threats in real time, even when operating without continuous connectivity. The approach is designed to move manufacturers away from traditional perimeter-based defences and towards security that is built directly into hardware and software at the device level.
Exein plans to use the new funding to accelerate its global expansion, with a particular focus on the US and Asia-Pacific markets, while also supporting a multi-deal mergers and acquisitions programme planned for 2026 across Europe and the US. The investment will also fund the development of a next generation of embedded runtime security solutions, including AI-driven protection for AI infrastructure and large language models, with the first release expected to be unveiled at RSAC 2026.
The funding comes during a period of rapid growth for the company. Exein reported a five-fold year-on-year increase in revenue and an expanding customer base across sectors such as critical infrastructure and advanced manufacturing. The company has also established partnerships with manufacturers and chipset providers including Kontron and MediaTek, reflecting increasing industry demand for device-level cybersecurity.
As cyberattacks increasingly affect physical infrastructure, disrupting hospitals, airports, transport systems and supply chains, Exein positions its technology as an enabler of both security and compliance. Its platform supports manufacturers in meeting regulatory requirements including RED 3.3, the forthcoming EU Cyber Resilience Act and the US Cyber Trust Mark, offering enhanced integrity and provenance checks across global supply chains.
Exein founder & CEO Gianni Cuozzo said, “This round demonstrates just how rapidly Exein is growing. In just one year, we’ve become a truly global company, expanding across the US and Asia-Pacific, and emerged as the world’s largest embedded runtime security provider by devices protected. This new funding allows us to accelerate even faster in 2026 and to support our M&A strategy as we scale into new markets. It will also enable us to introduce the next generation of runtime security technology, probably the most significant advance in our field in almost a decade. We’ll unveil it at RSAC in Q1, as we continue building the digital immune system that will protect the connected world for years to come.”
Blue Cloud Ventures founder & managing partner Rami Rahal said, “Connected devices are now the largest and least protected attack surface in the world. Exein’s mission is a vital one, and its solution – to place intelligent, real-time defence inside the device itself – is exactly what the market needs as cyberattacks increasingly spill into the physical world. We’re proud to back Exein as it builds the digital immune system for the next decade of global infrastructure.”
Copyright © 2025 RegTech Analyst
Copyright © 2018 RegTech Analyst
