Insider Brief
- JetScale AI raised $5.4 million in seed funding co-led by BDC’s Seed Venture Fund and Diagram ClimateTech Fund to expand its AI-powered cloud optimization platform across North America and Europe.
- The platform provides instant diagnostics and automated remediation plans to reduce cloud infrastructure costs, improve efficiency, and lower energy consumption as AI workloads drive rising compute demand.
- The funding will support product innovation, team expansion, and broader deployment as enterprises seek scalable solutions to manage complex, high-cost cloud environments.
PRESS RELEASE — JetScale AI, a Quebec-based company specializing in cloud infrastructure optimization, announced the closing of a $5.4 million funding round to accelerate its growth and deployment across North America and Europe. JetScale AI is led by Mehdi Merai and Gabriel De Lisi, two seasoned AI experts who previously co-founded, scaled and successfully exited pioneering ML company Dataperformers. JetScale AI was co-founded by Diagram through its venture studio model, which has also established successful Canadian technology companies Nesto and Dialogue. The Seed Venture Fund of the Business Development Bank of Canada (BDC) and Diagram ClimateTech Fund co-led the seed round, with support from several well-established players, including Telegraph Ventures, Fondaction and Mavrik as well as Cycle Momentum and Spring Impact Capital.
JetScale AI supports any organization whose operations increasingly rely on rapidly growing cloud infrastructure, increasing the challenges they pose for the management and optimization of their cloud spending. The rise of AI workloads is intensifying this pressure, making cloud computing costs one of the largest budget items for many companies.
JetScale AI’s platform delivers instant diagnostics, clear action plans and easy-to-implement remediations. Tasks that until recently required several weeks of work by highly specialized experts can now be completed in just minutes by any IT team using JetScale AI. This directly drives bottom-line savings for customers, reduces the environmental impact associated with overburdened datacenters, and enables a more efficient and secure cloud infrastructure.
Quotes
“The rapid adoption of our solution by our first clients, combined with a funding round that exceeded our expectations, confirms the relevance of our vision. We are now ready to accelerate innovation, strengthen our teams and expand our reach to make cloud optimization more accessible, reliable and sustainable.”
— Mehdi Merai, CEO at JetScale AI
“JetScale AI is redefining how organizations manage cloud complexity as compute demand accelerates, delivering meaningful cost, energy, and sustainability gains. We’re proud to support Mehdi and Gabriel as they build a Canadian champion that replaces fragmented, manual cloud optimization with a scalable, automated platform built for modern infrastructure at global scale. They are exactly the kinds of innovators the Seed Venture Fund partners with, fully aligned with BDC’s mission as a development bank.”
— Dinar Ahmed, Partner, Seed Venture Fund, BDC
“JetScale AI is propelling cloud FinOps into a new era by revolutionizing cost optimization analytics. Powered by AI, JetScale AI’s speed of execution guarantees an optimal ROI, even within large-scale infrastructures.”
— Denis Dallaire, CIO and Co-founder at Gologic
“We’re excited to partner with Mehdi and Gabriel to tackle the massive and fast-growing problem of cloud energy use, especially as unprecedented compute demand strains the electric grid. JetScale AI is redefining cloud engineering by building the AI-powered control layer that enterprises have been missing to continuously optimize their infrastructure. Eliminating waste from overprovisioned resources is a win-win: it offers meaningful cost savings for customers and reduces energy waste. This aligns perfectly with Diagram ClimateTech’s mission to back market-driven digital solutions for climate’s biggest challenges.”
— Amélie Foz-Couture, General Partner and Co-Head, Diagram ClimateTech Fund
About JetScale AI
Founded and headquartered in Montréal, JetScale AI develops an AI-powered platform that addresses cloud optimization challenges, helping tech teams improve system reliability and gain better control over costs — at a time when digital performance and environmental responsibility have become inseparable.
Contacts
Simon Richard
srichard@tactconseil.ca
(438) 499–2186
