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Euronews
Euronews
Gabriele Barbati

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

Italian startup Exein, which specialises in cybersecurity for industrial devices and machinery, has joined the ranks of digital unicorns after closing a 270-million-dollar funding round.

The deal, led by global fund Headline and backed by institutional investors including the European Investment Bank (EIB), which Exein announced on Tuesday, gives the company an overall valuation of 1.7 billion dollars.

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