# 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.

*genai · news · 2026-03-31 · VentureBeat*

## Key points

- ThinkLabs' AI compresses month-long grid studies into three minutes, running 10 million scenarios in 10 minutes.
- ThinkLabs performs full three-phase AC power flow analysis, unlike most competitors using AI for forecasting only.
- Nvidia's NVentures and Edison International invested, indicating strategic partnerships for GPU-accelerated grid simulations.
- ThinkLabs doubled its utility customer base in Q1 2026, working with over 10 major utilities.
- Their AI uses hybrid models, delegating final validation to physics-based engines for critical applications.

**Companies:** Nvidia, Edison International, Energy Impact Partners, General Electric, ThinkLabs AI, Southern California Edison, Opus One Solutions
**Countries:** United States

[Read the full story on VentureBeat](https://venturebeat.com/infrastructure/nvidia-backed-thinklabs-ai-raises-usd28-million-to-tackle-a-growing-power)

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