Exein becomes Europe’s latest unicorn with a $270M round at a $1.7B valuation. The Italian cybersecurity startup raised the funding led by Headline to expand its physical AI security layer, following its shift from IoT. The deal gives Europe another large-scale winner in embedded security as investors continue to back infrastructure tied to AI adoption. Key takeaway: Capital is still flowing to European infrastructure startups with clear AI adjacency and defensible technical moats. 🔗 https://sifted.eu/sector/deeptech #AI #VC #ClimeTech