📩 CREDX Letters #011 - Startup & VC Report | Oct 9, 2026

Yesterday was a quiet day in our markets and a loud one everywhere else. A company that grades AI models is now valued at $3.1B. A security startup raised $25M to watch what AI agents do after they go live. An Indian lifestyle brand raised ₹332 crore to open more stores.

Different corners, one shared idea. As AI does more of the work, money is moving to whoever can prove it did the work right.

📊 Arena raised $200M in a Series B at a $3.1B valuation to evaluate AI models and agents.