ThinkLabs AI closes a $28M Series A for AI models of the electric grid

ThinkLabs AI, based in New York, closed a $28 million Series A led by Energy Impact Partners, with new investors NVentures (NVIDIA's venture arm) and Edison International, the parent of Southern California Edison. Existing investors GE Vernova, Powerhouse Ventures, Active Impact Investments, Blackhorn Ventures and Amplify Capital took part, along with an unnamed North American investor-owned utility. The company describes its product as physics-informed AI for grid planning and operations. It says utilities have used it to bring a month-long study to under three minutes and to run 10 million scenarios in 10 minutes, with more than 99.7% accuracy on grid power flow. The funds go to customer delivery and a broader product line.

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