Exein Propels Global Expansion with €70m Series C Funding
Deal News | Jul 16, 2025 | Balderton Capital
Balderton Capital has led a €70 million Series C funding round for Exein, a leading IoT cybersecurity firm protecting critical infrastructure in Europe. The financing round also included participation from Supernova, Lakestar, and existing investors. Exein aims to use the funds to drive its global expansion, targeting markets in the US, Japan, Taiwan, and South Korea, along with enhancing its European operations. Exein's technology focuses on securing over a billion smart devices, developing a digital immune system for connected devices, and embedding real-time security on the edge. The company partners with leading chipset and OEM manufacturers and has seen a remarkable 450% year-over-year growth. Exein's strategic vision includes developing AI infrastructure security solutions and pursuing M&A opportunities in the cybersecurity sector. This growth reflects the increasing global demand for embedded security solutions amid growing threats, elevating the commitment to high-level compliance with international cybersecurity regulations.
Sectors
- Cybersecurity
- Internet of Things (IoT)
- Investment Management
Geography
- Europe – Exein is based in Europe, and the company plans to strengthen its presence in the region as part of its expansion strategy.
- United States – The United States is one of the target regions for Exein's planned market expansion.
- Asia – Exein intends to expand into Asian markets, specifically Japan, Taiwan, and South Korea.
Industry
- Cybersecurity – The article is heavily centered around Exein's efforts in securing IoT devices, critical infrastructure, and expanding cybersecurity measures globally.
- Internet of Things (IoT) – Exein is directly involved in IoT security, securing smart devices and infrastructure that are connected to the internet.
- Investment Management – The article discusses a significant investment round led by Balderton Capital and other investors, focusing on funding activities and investment in technology advancement.
Financials
- €70 million – Total funds raised in Exein's Series C funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Exein | Target Company | Company | An IoT cybersecurity company focusing on protecting critical infrastructures and developing a global digital immune system for connected devices. |
| Balderton Capital | Lead Investor | Company | A venture capital firm that led the €70m Series C round for Exein's expansion and technological advancement. |
| Supernova | Investor | Company | Participated as an investor in Exein's Series C funding round. |
| Lakestar | Investor | Company | Also participated in the investment round supporting Exein's cybersecurity initiatives. |
| Existing Investors | Investors | Company | Previously invested in Exein and participated in the current Series C funding. |