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1064 Nvidia-backed ThinkLabs AI raises $28 million to tackle a growing power grid crunch

VentureBeat
VentureBeat · 03/31/2026 06:00 EDT

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 marks a significant escalation in the race to apply AI not jus

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