Exein raises €234 million at a €1.4 billion valuation

Rome-based Physical AI cybersecurity company Exein said it has closed a new €234 million funding round, equivalent to about $270 million, valuing the company at €1.4 billion, or roughly $1.7 billion. The company said the deal makes it the highest-valued cybersecurity startup in Europe. Headline led the round, with participation from Sofina, Goldman Sachs, the European Investment Bank Group, KfW Capital and T.Capital. J.P. Morgan also increased its revolving credit facility alongside the financing. The announcement was reported by ChainCatcher in a 7x24 news brief.