ThinkLabs AI Closes $28 M Series A Led by Energy Impact Partners, Backed by NVentures and Edison International [TheStreet.com]
Edison International (EIX)
Last edison international earnings: 4/30 04:05 pm
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Source: TheStreet.com
intelligence company that empowers critical infrastructure with trustworthy, physics-informed AI, announced today that it has closed a $28 million Series A financing led by Energy Impact Partners LP (“EIP”), one of the the world's leading energy transition funds, backed by more than half of North America's investor-owned utilities. NVentures (NVIDIA's venture capital arm) and Edison International, parent company of Southern California Edison, also invested in the round. Together, their participation reinforces ThinkLabs AI's position at the forefront of applying high-performance computing and physics-informed AI to help utilities plan, optimize, and operate the grid at unprecedented speed and scale. Existing investors participated, including GE Vernova, Powerhouse Ventures, Active Impact Investments, Blackhorn Ventures, and Amplify Capital, along with a large North American investor-owned utility. The AI revolution is driving the fastest surge in electricity demand in modern histo
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