Italian Cybersecurity Startup Exein Raises $270M

Italian startup Exein has raised a $270 million funding round led by Headline, achieving a $1.7 billion valuation. The company provides a cybersecurity layer for physical AI and IoT devices, claiming to secure over 2 billion connected devices across sectors like aerospace, automotive, and healthcare. Exein plans to use the funds for mergers and acquisitions and to expand its staff in the U.S. and Asia Pacific.