ThinkLabs AI, backed by Nvidia and other strategic investors, has raised $28 million in Series A funding to accelerate its development of AI models that simulate electric grid behavior in real-time. The company’s physics-informed AI compresses complex power flow analyses from weeks to minutes with over 99.7% accuracy, enabling utilities to adapt quickly to surging electricity demand driven by data centers and electrification. Led by CEO Josh Wong, ThinkLabs differentiates itself by performing detailed three-phase power flow analysis, crucial for utility decision-making on infrastructure investments and operational strategies. Partnerships with Nvidia, Edison International, and Microsoft enhance its platform’s capabilities and integration with existing utility ecosystems. Despite conservative utility buying cycles, ThinkLabs is rapidly expanding its customer base and aims to modernize grid planning, addressing workforce renewal and energy affordability challenges. Wong envisions AI as the navigation system for the grid, optimizing resource use rather than building more infrastructure, with the next few years being pivotal for AI’s role in shaping energy future.
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