Exein raised €6 Million in a Series A funding round co-led by Future Industry Ventures and eCAPITAL Entrepreneurial Partners.

Exein, a Rome, Italy-based IoT cybersecurity firm, announced that it raised €6 Million ($7m) in a Series A funding round.

The money was raised from investors co-led by Future Industry Ventures and eCAPITAL Entrepreneurial Partners, and joined by existing shareholders from United Ventures.

Exein, founded in 2018 by CEO Gianni Cuozzo, specialises in and provides cybersecurity solutions for IoT devices at the firmware level, with a focus on Industrial, Automotive, and Medial IoT devices. The company says its tech is embedded tin over 600,000 IoT devices.

Exein previously raised €2 million in 2018.