Exein becomes Europe’s newest unicorn after a $270 million round at a $1.7 billion valuation. The Italian cybersecurity startup, which started in IoT security, is now positioning itself as a protection layer for physical AI systems. TechCrunch said the round was led by Headline and comes as Europe’s industrial AI stack draws larger checks. Key takeaway: Investors are backing infrastructure plays around AI, not just model builders, as physical-world deployments become a new battleground. 🔗 https://techcrunch.com/2026/09/15/new-italian-unicorn-exein-rides-the-physical-ai-wave/ #VC #EuropeanTech #Funding