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BDC and Diagram Ventures co-led a $5.4m funding round in JetScale AI.

Synopsis

BDC, a financial institution dedicated to supporting Canadian entrepreneurs and small and medium-sized enterprises, and Diagram Ventures, a venture investment firm, co-led a $5.4m funding round in JetScale AI, a Quebec-based company specializing in cloud infrastructure optimization, with a participation from Telegraph Ventures, Fondaction, Mavrik, Cycle Momentum and Spring Impact Capital. "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, JetScale AI CEO.

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MergerLinks - BDC and Diagram Ventures co-led a $5.4m funding round in JetScale AI.