📩 CREDX Letters #034 - Startup & VC Report | Nov 1, 2026

As Sunday came we are providing the weekly roundup details.

This week was defined by sovereign AI capital and defense-adjacent hardware. Cohere confirmed the first close of Canada's largest private raise ever at a $20.5B valuation, with the Canadian government committing up to C$1.6B. India's funding week closed at approximately $115 million across 28 deals, led by AI infrastructure and enterprise applications. The US saw autonomous construction priced at $4.1B and a personal AI agent hit $1.25B. And Korea produced a $620M round for inference chips.

Here's the week of October 26 – October 31. ⬇️