ThinkLabs AI, a New York City-based startup focused on enhancing grid planning through intelligent automation and artificial intelligence, has raised $5 million in seed funding.
Leading the Funding Round
The seed round was co-led by Powerhouse Ventures and Active Impact Investments. Additional participants included Blackhorn Ventures, Amplify Capital, Mercuria Energy, and a national US energy company.
Utilization of Funds
The company plans to use the funds to expand its operations and accelerate its development efforts.
Company Overview
Led by CEO Josh Wong, ThinkLabs AI is dedicated to empowering critical industries and infrastructure with AI technologies to promote global energy sustainability. The company was launched from GE Vernova and specializes in AI development and deployment.
Key Product: ThinkLabs Copilot
ThinkLabs AI’s flagship product is the ThinkLabs Copilot, a digital assistant designed to understand the real world using proprietary physics-informed AI digital twins. These twins provide a foundational model for engineering systems. The ThinkLabs Copilot is being developed to support natural language interactions and augment centralized operational systems, such as Advanced Distribution Management Systems (ADMS) and Distributed Energy Resource Management Systems (DERMS), while also enhancing edge intelligence.
Market Impact and Future Prospects
By integrating advanced AI solutions into grid planning and management, ThinkLabs AI aims to significantly improve the efficiency and sustainability of energy systems. This funding will allow the company to further refine its technologies and expand its market reach, supporting the transition to more intelligent and sustainable energy infrastructure.
