JetScale AI Raises $5.4M Seed Funding to Expand Cloud Optimization Platform

Mar 4, 2026
Montreal-based JetScale AI has secured $5.4 million in an oversubscribed seed funding round co-led by the Business Development Bank of Canada and Diagram ClimateTech Fund to accelerate its AI-powered cloud optimization platform across North America and Europe.

Montreal-based JetScale AI has raised $5.4 million in an oversubscribed seed funding round to accelerate its growth and expand operations across North America and Europe, announced in a press release. The round was co-led by the Business Development Bank of Canada’s Seed Venture Fund and the Diagram ClimateTech Fund, with participation from Telegraph Ventures, Fondaction, Mavrik, Cycle Momentum, and Spring Impact Capital.

Led by co-founders Mehdi Merai and Gabriel De Lisi, JetScale AI develops an AI-powered platform designed to help organizations manage and optimize cloud infrastructure costs. The system provides instant diagnostics, actionable insights, and automated remediation, enabling IT teams to complete optimization tasks that previously required weeks of expert analysis in just minutes.

The company was co-founded through Diagram’s venture studio model, which has also launched Canadian firms such as Nesto and Dialogue. JetScale AI plans to use the new funding to strengthen its team, enhance its technology, and scale deployments to meet rising demand for efficient cloud management amid growing AI workloads.

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