📩 CREDX Letters #032 - Startup & VC Report | Oct 30, 2026

As Friday came we are providing the previous day roundup details.

Thursday was carried by AI infrastructure at scale. A Canadian AI lab targeted the largest private raise in the country's history with Nvidia and government backing. A Korean AI chipmaker closed $620M for inference silicon. And a San Francisco enterprise automation company tripled its valuation to $3B. India's day was early-stage manufacturing and propulsion, with consumer deals brewing behind the scenes.

Cohere is raising up to $5B at a $20.5B valuation, with the Canadian government and Nvidia participating.