Exein Built a Digital Immune System for 1 Billion Devices, Tulum, Nuclidium - July 22, 2025 #177
Description
This episode kicks off with Exein, a cybersecurity startup building a “digital immune system” for IoT devices, which raised €70M and achieved 450% YoY growth, highlighting strong demand for device-level protection. We break down the massive opportunity in cybersecurity, noting unicorn creation and strong ARR multiples.
Next, the conversation shifts to Tulum Energy, a clean-tech firm producing turquoise hydrogen using methane pyrolysis, which raised €27M in a seed round backed by major corporates like CDP and TDK Ventures. We spotlight Nuclearis, a biotech firm working on theranostics (therapy + diagnostics) for precision oncology, backed by Novartis and Italian VC Angelini Ventures. The final segment covers the booming welfare tech space in Italy and why July 2025 has become the most active fundraising month of the year so far—on track to surpass 2024 totals.
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