Canada · Growth startup

Who invested in telMAX

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

ConstructionInternetTelecoms

Raised 1 month ago

Funding summaryUpdated 26 Oct 2026

$294Mraised across 2 rounds since 2025, from 3 sources

$79MDebt$215MGrowth
Latest round
Growth, $215MSept 2026
Led by
Hamilton Lane
Step-upi
2.7×
Investors
4 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$79MDebt$215MGrowth
First round
Debt, $79M
May 2025
Biggest round
$215M
Growth · Sept 2026
Between rounds
17 months
from the last two

The rounds

  1. Sept 2026
  2. May 2025
    Debt$79M1 new

    Reported by Firms' own news pages and 1 other

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Power Sustainable Infrastructure CreditPrivate equity2rounds, led 1
Hamilton LaneAsset manager1round, led 1
Palistar CapitalPrivate equity1round
MidStar CapitalGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about telMAX

Who invested in telMAX?

telMAX's investors include Power Sustainable Infrastructure Credit, Hamilton Lane, Palistar Capital and MidStar Capital. Hamilton Lane led its latest round.

How much has telMAX raised?

telMAX has raised $294M across 2 rounds since 2025.

When did telMAX last raise?

telMAX's most recent round was a Growth of $215M in Sept 2026, led by Hamilton Lane.

What was telMAX's biggest round?

Its most recent round, $215M in Sept 2026, is also its largest on record.

Who backed telMAX first?

telMAX's first round on record, in May 2025, was backed by Power Sustainable Infrastructure Credit.

What stage is telMAX at?

telMAX's latest named round is a Growth, in Sept 2026.

Where is telMAX based?

telMAX is based in Canada.

Who led telMAX's rounds?

Power Sustainable Infrastructure Credit led the Debt in 2025; Hamilton Lane led the Growth in 2026.

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