Nvidia-Backed ThinkLabs AI Raises $28 Million to Tackle a Growing Power Grid Crunch

Nvidia-backed ThinkLabs AI raises $28 million to tackle a growing power grid crunch

ThinkLabs AI, a startup building artificial intelligence models that simulate the behavior of the electric grid, announced today that it has closed a $28 million Series A financing round led by Energy Impact Partners (EIP), one of the largest energy transition investment firms in the world. Nvidia’s venture capital arm NVentures and Edison International, the parent company of Southern California Edison, also participated in the round.The funding…

ThinkLabs AI Closes $28 M Series A Led by Energy Impact Partners, Backed by NVentures and Edison International

New York, N.Y., March 31, 2026 (GLOBE NEWSWIRE) -- ThinkLabs, an AI-powered grid intelligence company that empowers critical infrastructure with trustworthy, physics-informed AI, announced today that it has closed a $28 million Series A financing led by Energy Impact Partners…

ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand

ThinkLabs has secured a $28-million USD ($39-million CAD) Series A round to help utility providers modernize power grid infrastructure as a wave of electricity-hungry AI data centres comes online.  The Canadian-led, New York-based company provides a “physics-informed AI” software that helps utility control room operators and planners maintain grid reliability and reduce bottlenecks and outages.  The annual power demand of data centres in the Uni…