Montreal, February 26, 2026 – JetScale AI, a Montreal-based startup specializing in cloud infrastructure optimization, announces an oversubscribed $5.4M seed round to accelerate its growth across North America and Europe. Cycle Momentum is co-investing through Origo, its investment matching program.
Key takeaways
- JetScale AI closed an oversubscribed $5.4M seed round to expand across North America and Europe.
- Cycle Momentum co-invests through Origo alongside BDC, Diagram ClimateTech Fund, Telegraph Ventures, Fondaction and Spring Impact Capital.
- JetScale AI’s platform compresses cloud diagnostics and fixes from weeks to minutes, cutting cost, energy and carbon together.
Who’s in the round?
The syndicate spans Canada’s public and private climate-capital spectrum: The Business Development Bank of Canada (BDC), Diagram ClimateTech Fund, Telegraph Ventures, Fondaction, and Spring Impact Capital, with Cycle Momentum co-investing through Origo. An oversubscribed round with that mix of federal, institutional and impact investors is a strong market signal for a seed-stage company.
What JetScale AI does
Founded by Mehdi Merai and Gabriel De Lisi, JetScale AI helps organizations quickly optimize the cost and energy efficiency of their cloud infrastructures. Its AI-powered platform delivers diagnostics and corrective actions in minutes, replacing traditional processes that previously took weeks, generating direct savings and reducing environmental impact. For the full picture of the technology and why cloud efficiency is a climate lever, read our JetScale AI company profile.
“The rapid adoption of our solution by early customers, combined with this oversubscribed funding round, confirms the relevance of our vision. We are now ready to accelerate innovation, strengthen our teams, and expand our reach,” said Mehdi Merai, CEO of JetScale AI.
“JetScale AI addresses a critical need of modern businesses for efficient cloud computing. It reduces idle capacity in cloud infrastructure, and in doing so delivers savings on costs, energy and carbon emissions from AI computing. We are proud to support them in their ambition to build a Canadian cloud optimization champion,” added Jennifer McDonald, Senior Vice President of Investments, Cycle Momentum.
Origo’s role in the deal
Origo is Cycle Momentum’s co-investment matching program for early-stage Quebec climate tech, backed by the Government of Quebec. JetScale AI joins a lineage of Origo co-investments that runs from Opalia, the program’s first, to the recent round in Irréversible’s next-generation analog AI chips, deals where public matching capital de-risks the round and pulls in private syndicates.
About JetScale AI
JetScale AI, based in Montreal, develops an AI-powered platform that simplifies cloud optimization, reduces costs, and improves the environmental performance of digital systems. Learn more at jetscale.ai.
About Cycle Momentum
Since 2015, Cycle Momentum has identified and supported the development of cutting-edge climate technologies. As a member of the Cycle Capital platform, the organization provides acceleration and open innovation programs to support start-up growth, financing, and commercialization, and invests through Origo, backed by the Government of Quebec. Discover the startups Cycle Momentum supports.
