Akselos

Akselos, founded in 2012, is a structural performance management software company specializing in physics-based digital twins for critical energy infrastructure.

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Akselos provides physics-based digital twin software to monitor and optimize the structural performance of critical energy infrastructure.

Akselos, founded in 2012, is a structural performance management software company specializing in physics-based digital twins for critical energy infrastructure. The company emerged from MIT research funded by the U.S. Department of Defense, leveraging patented algorithms to create highly accurate and fast engineering simulations.

Akselos operates globally with offices in Europe, the USA, and Southeast Asia, employing over 90 staff as of its latest funding round in 2025. The company's technology is designed to optimize the design, operation, and lifecycle of large-scale assets like offshore wind turbines, refineries, and FPSOs (Floating Production Storage and Offloading units). In 2025, Akselos closed a $16.5 million funding round led by AT Capital Group, with participation from Future Energy Ventures, Japan Energy Fund, and Shell Ventures, aiming to scale its solutions for the energy transition.

The company has deployed its software to over 40 customers worldwide, including major energy players like Shell and Pan American Energy. Akselos' focus on real-time, condition-based monitoring aligns with the IEA Net Zero 2050 roadmap, positioning it as a key enabler for aging infrastructure optimization and renewable energy deployment.

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Who buys this

  • Oil and gas companies with offshore platforms and refineries
  • Renewable energy developers, particularly offshore wind
  • Petrochemical production facilities
  • Energy infrastructure operators requiring lifecycle extension
  • Engineering firms specializing in large-scale asset design

Publicly disclosed clients

  • Shell
  • Pan American Energy

Strengths and what to watch

Strengths

  • Patented MIT-licensed technology that is 1,000x faster and 10x more accurate than industry standards for large-scale asset modeling
  • Proven deployments with major energy companies, demonstrating real-world impact on asset lifetime and operational costs
  • Strong investor backing from energy-focused venture capital firms and corporate investors like Shell Ventures

Watch for

  • Dependence on energy sector capital expenditures, which are volatile and subject to macroeconomic conditions
  • Competition from established engineering software providers expanding into digital twin solutions
  • Challenges in scaling implementation services alongside software growth, given the specialized nature of structural engineering

Key Information

Founded
2012
Employees
115
Country
Switzerland

Frequently Asked Questions

What does Akselos do?

Akselos provides physics-based digital twin software to monitor and optimize the structural performance of critical energy infrastructure, including offshore wind turbines, refineries, and FPSOs. Founded in 2012, the company leverages patented MIT research to deliver fast and accurate engineering simulations.

How does Akselos' digital twin technology work?

Akselos' digital twin technology uses patented algorithms to create highly accurate and fast engineering simulations. It enables real-time, condition-based monitoring of large-scale assets, optimizing their design, operation, and lifecycle. The technology is 1,000x faster and 10x more accurate than industry standards.

What industries use Akselos' software?

Akselos' software is used by oil and gas companies, renewable energy developers, petrochemical facilities, and energy infrastructure operators. Notable clients include Shell and Pan American Energy. The technology helps optimize assets like offshore platforms, wind turbines, and refineries.

Who are Akselos' main customers?

Akselos serves oil and gas companies, renewable energy developers, petrochemical facilities, and engineering firms. Its notable clients include Shell and Pan American Energy. The software is deployed globally to optimize large-scale assets like offshore wind turbines and refineries.

How has Akselos grown in recent years?

Akselos closed a $16.5 million funding round in 2025, led by AT Capital Group, to scale its solutions for the energy transition. The company has deployed its software to over 40 customers worldwide and operates globally with offices in Europe, the USA, and Southeast Asia.

What makes Akselos' technology unique?

Akselos' technology is unique due to its patented MIT-licensed algorithms, which are 1,000x faster and 10x more accurate than industry standards. It provides real-time, condition-based monitoring for large-scale assets, optimizing their performance and extending their lifecycle in critical energy infrastructure.

Sources

  1. akselos.com — $16.5M funding round in 2025 and investor details
  2. akselos.com — Customer deployments and case studies
  3. akselos.com — Company overview and product information
  4. akselos.com — Company founding and MIT research origins