ThinkLabs AI
AI that powers the world.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $5.0m | Seed | |
| Total Funding | 000k | ||
ThinkLabs AI emerges as a specialized artificial intelligence firm targeting the modernization of the electrical grid, an infrastructure under historic pressure from the energy transition. The company spun out of GE Vernova in 2024, following an incubation effort that began in 2022, and launched with a significant $5 million USD seed funding round. This investment was co-led by Powerhouse Ventures and Active Impact Investments, with participation from other firms including Blackhorn Ventures, Amplify Capital, and Mercuria Energy, indicating strong investor confidence in its mission. ThinkLabs AI addresses the acute challenges faced by utility companies, such as network congestion from EV charging and data centers, aging infrastructure, and the complexities of integrating renewable energy sources.
The company was founded by Josh Wong, who serves as its CEO. Wong is a seasoned energy entrepreneur and power systems engineer with over 20 years of experience in the cleantech sector. His background includes founding the smart-grid department at Toronto Hydro and establishing Opus One Solutions, a grid software company acquired by General Electric in 2022. This deep industry experience underpins the company's approach to solving grid reliability issues. The business model centers on providing its software to electric utility companies, with some large North American utilities already counted as customers.
ThinkLabs AI's flagship product is the ThinkLabs Copilot, a digital assistant designed for utility control room operators and planners. This platform utilizes proprietary physics-informed AI and digital twins to create a foundational model of engineering systems. It provides real-time situational awareness, allowing for continuous power flow monitoring, detection of grid congestion and voltage violations, and the generation of optimal solutions before problems occur. By augmenting existing operational systems like Advanced Distribution Management Systems (ADMS), the Copilot helps utilities manage the increasingly complex and bi-directional flow of energy, enhancing grid stability, safety, and reliability.
Keywords: grid management, grid modernization, utility software, energy transition, cleantech, physics-informed AI, digital twin, grid reliability, distributed energy resources, DERMS, smart grid, grid orchestration, power flow, energy sustainability, autonomous grid, grid intelligence, electrical grid, utility AI, cleantech startup, grid optimization