Headline
Headline, formerly known as e.ventures and BV Capital, is a global venture capital firm that takes an early-stage investment approach in Adtech, Commerce, Fintech, Media, Mobile, and Software markets.
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AI cybersecurity company Exein announced the completion of a €234 million funding round, valuing the company at €1.4 billion.
According to EU-Startups, Rome-based Physical AI cybersecurity company Exein has announced the completion of a new funding round totaling €234 million (approximately $270 million), valuing the firm at €1.4 billion (around $1.7 billion) and making it Europe's most highly valued cybersecurity startup. The round was led by Headline, with participation from Sofina, Goldman Sachs, the European Investment Bank, KfW Capital, and T.Capital, while J.P. Morgan concurrently expanded its revolving credit facility.
based
Rome
AI Local Business Platform Owner Raises $240 Million in Funding, with Goldman Sachs Participation
Odaily News: Owner, an AI platform for local merchants, has announced the completion of a $240 million funding round, valuing the company at $2.3 billion. The round was led by Growth Equity under Goldman Sachs Alternative Asset Management, with participation from existing investors including Meritech, Redpoint, Headline, and Jack Altman. The company uses AI agents to automate marketing promotion, customer communication, and operational optimization services for local merchants. The new funds are intended to expand international operations and broaden local business use cases. (Morningstar)
Loss of 23,752,746 USDC: Ostium Price Data Attacked
Odaily News: Headline: "Loss of 23.75 Million USDC: Ostium Price Data Attacked". According to Ostium's monitoring, Ostium has released an update on the security incident. Its liquidity provider treasury was attacked on July 15, resulting in a loss of 23,752,746 USDC. Preliminary investigations indicate that the attacker compromised the off-chain infrastructure that supplies price data to the protocol, submitting disguised, fraudulent price reports. By rapidly opening and closing multiple large positions, the attacker extracted artificially generated profits from the treasury. Ostium stated that trader collateral is stored in separate, isolated smart contracts and was unaffected by this incident; all trading positions remain open. The team paused trading and froze all trading contracts within 60 minutes of the first attack transaction. Currently, Ostium is cooperating with Mandiant, zeroShadow, Collisionless, SEAL 911, and law enforcement agencies, and is coordinating with trading platforms, bridge contracts, and stablecoin issuers to advance the investigation. The engineering team is repairing and strengthening the relevant infrastructure to support a safe resumption of trading. Ostium stated it will notify at least 24 hours in advance before thawing the trading contracts. Once trading resumes, existing positions will be marked at the price at the time of reopening, unaffected by price fluctuations during the suspension.
Circle
Ostium
Price
SEAL