Finance
Italian startup Exein to supply cybersecurity for chips to MediaTek
Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
Exein partners with MediaTek to embed cybersecurity in chips, impacting billions of devices globally across various industries.
(Reuters) - Italian tech startup Exein has agreed with Taiwan's MediaTek to provide cybersecurity systems to be embedded on the chipmaker's Genio platform, Exein said on Wednesday.
The deal will provide security features to billions of chips using the system worldwide in industries including mobile, home, automotive and healthcare, Exein said in a statement.
WHY IT'S IMPORTANT
Italy has been trying foster a tech startup sector, and a deal with a major chipmaker could extend its reach.
BY THE NUMBERS
Exein said that following the deal with MediaTek, its technology would be embedded in more than 3 billion devices. The partnership between the two groups is valued at more than 5 million euros ($5.2 million), a figure that Exein expects will double by 2028.
KEY QUOTES
"This is a longterm relationship and positions Exein well to further expand into the automotive and robotics sectors globally," Exein said.
"MediaTek is a key strategic partner for us," it added.
CONTEXT
Exein raised $15 million in Series B funding last year.
Its clients include Daikin, Seco and Kontron.
($1 = 0.9580 euros)
(Reporting by Alessandro Parodi; Editing by Peter Graff)
The partnership aims to provide cybersecurity systems that will be embedded in MediaTek's Genio platform, enhancing security features for billions of chips across various industries.
Exein's technology will be embedded in more than 3 billion devices following the deal with MediaTek.
Exein is looking to further expand into the automotive and robotics sectors globally as part of its long-term relationship with MediaTek.
Exein raised $15 million in Series B funding last year, which supports its growth and technology development.
Exein's clients include notable companies such as Daikin, Seco, and Kontron.
Explore more articles in the Finance category
