JetScale AI has closed an oversubscribed $5.4 million seed round to expand its cloud infrastructure optimization platform across North America and Europe. The Montréal-based company is positioning itself at the center of a growing enterprise challenge: managing rising cloud costs as AI workloads intensify computing demand.

The Seed Venture Fund of the Business Development Bank of Canada and Diagram ClimateTech Fund co-led the round. Additional backing came from Telegraph Ventures, Fondaction, Mavrik, Cycle Momentum, and Spring Impact Capital. While the company did not disclose its valuation, the round exceeded internal expectations, signaling strong investor confidence.

Why Cloud Costs Are Becoming a Boardroom Issue

As companies move more operations to the cloud, infrastructure spending has become one of their largest operating expenses. The rapid adoption of AI applications only adds pressure. Training and running models requires heavy compute power, often leading to overprovisioned systems and inflated bills.

JetScale AI aims to address this imbalance. Its platform provides instant diagnostics, actionable recommendations, and clear remediation steps. Tasks that once required weeks of expert consulting can now be completed in minutes by in-house IT teams. The outcome is straightforward: lower costs, reduced strain on data centers, and improved infrastructure efficiency.

“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.

How the New Capital Will Be Deployed

The fresh funding will support product innovation, team expansion, and broader commercial deployment in North America and Europe. JetScale AI plans to refine its automation capabilities while strengthening integrations across enterprise cloud environments.

Part of the capital will also go toward scaling customer acquisition and supporting larger enterprise deployments. As compute demand continues to grow, the company aims to position its platform as a standard layer within enterprise cloud operations.

“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.

Built by Experienced AI Founders

Founded and headquartered in Montréal, JetScale AI was led by Mehdi Merai and Gabriel De Lisi, who previously co-founded and exited machine learning company Dataperformers. The company itself was co-founded through Diagram’s venture studio model, which has also launched Canadian tech firms such as Nesto and Dialogue.

JetScale AI focuses on giving IT teams direct control over cloud spending and system reliability. Its AI-driven platform translates complex infrastructure data into simple, executable recommendations. In an environment where performance and sustainability are increasingly linked, the company’s positioning is pragmatic rather than theoretical.

“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.

Investor Network and Strategic Backing

Beyond the co-leads BDC’s Seed Venture Fund and Diagram ClimateTech Fund, the round attracted support from Telegraph Ventures, Fondaction, Mavrik, Cycle Momentum, and Spring Impact Capital. This mix of institutional and climate-focused investors reflects the financial and environmental dimensions of cloud optimization.

The backing builds on the founders’ previous exit and Diagram’s venture studio track record. With enterprise cloud spending climbing and AI workloads expanding, investors appear confident that optimization software will remain a high-priority category.

Origianl Creator: Paulo Palma
Original Link: https://justainews.com/companies/funding-news/jetscale-ai-raises-5-4m-seed-round-for-cloud-finops/
Originally Posted: Thu, 26 Feb 2026 17:31:18 +0000