MediaTek and Exein Collaborate on Cybersecurity Solutions for Genio Platform
Italian tech startup Exein has inked a deal with Taiwanese chipmaker MediaTek to integrate cybersecurity systems into the latter's Genio platform. The partnership aims to bolster security for countless chips across multiple industries, including mobile, home, automotive, and healthcare.
Italy's Tech Sector Momentum
The collaboration underscores Italy's efforts to foster its tech startup ecosystem. Exein's alliance with a global chipmaker expands its reach and strengthens its position in the international market.
Key Metrics
Exein estimates that its technology will be deployed in over 3 billion devices as a result of the agreement. The partnership is valued at over €5 million, a figure projected to double by 2028.
Strategic Partnership
"This long-term relationship positions Exein to penetrate the global automotive and robotics sectors," said Exein. The startup views MediaTek as a "key strategic partner."
Recent Funding and Clientele
Exein secured $15 million in Series B funding last year. Its client portfolio includes Daikin, Seco, and Kontron.