While cybersecurity for computers is a well-known concept, the potential risks of hacking into a robotic arm on a production line and causing harm to humans is a pressing issue that Rome-based startup Exein aims to solve.

The IoT cybersecurity company recently raised €15 million in a Series B round led by 33N, a VC with expertise in cybersecurity and infrastructure software. This funding will support the company's expansion across Europe, the U.S., and Asia.

Exein's solution for IoT security incorporates security measures directly into device software, providing an extra layer of defense against potential attacks. The company also incorporates AI at the edge to further enhance security measures, according to a statement from Exein.

In addition, Exein is actively involved in the Yocto Project initiatives within the embedded Linux sector, which impacts billions of devices annually.

Exein CEO Gianni Cuozzo emphasized the importance of securing machinery systems and CNC systems, which have direct implications on people's safety and productivity. The company's efforts in standardizing security measures within this market have set a new benchmark for device security.

Partech and existing investors United Ventures, eCAPITAL, and Future Industry Ventures (a Redstone/SBI fund) also participated in the Series B funding round.