Founders / Nilam Ganenthiran
Beacon
AI rollup, ~1 acquisition/week.
- Role
- Co-founder/CEO
- HQ
- Toronto, ON
- Founded
- 2024
- Status
- Active
- Disclosed raised
- US$475M
- Latest round
- Series C, Jan 2026
Co-founders: Divya Gupta
Investors: General Catalyst, HarbourVest Partners, Lightspeed Venture Partners, D1 Capital Partners, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners (affiliated funds), Journey LP, and 2 more
In the newsletter
- CanadianAI: $300M for Bengio’s LawZero and Canada’s largest venture fund everSep 22, 2026
- CanadianAI: $50B AI data centre in Saskatchewan and five AI startups raiseSep 15, 2026
- CanadianAI: The State of Canadian AI, H1 2026Jul 28, 2026
- CanadianAI: Two unicorns in a week, and Ottawa finally starts writing the rulesJun 16, 2026
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Data as of September 29, 2026.