Akselos gets $16.5 million in funding from investors
May 11, 2022
Akselos has announced a $16.5 million funding round, with participation from AT Capital Group, Future Energy Ventures, Japan Energy Fund and Shell Ventures.
Akselos’ physics-based digital twin software is designed to protect critical assets, help users learn from digital twins and design the next generation of assets.
Offshore staff
LAUSANNE, Switzerland — Akselos has announced a $16.5 million funding round, with participation from AT Capital Group, Future Energy Ventures, Japan Energy Fund and Shell Ventures, according to a company press release.
With the latest investment round, Akselos will acquire an investor base to support the company’s ongoing global growth, enabling it to scale both its team and solutions to optimize the energy industry’s existing infrastructure and accelerate large-scale deployment of renewable energy. This is a crucial step toward the company’s aim of providing technology to enable the energy transition in line with Akselos’ commitment to the IEA Net Zero 2050 roadmap.
Akselos’ technology simulates exact virtual replicas, or predictive and accurate digital twins, of energy assets, such as offshore wind turbine and their foundations. The company has deployed its software to more than 40 customers worldwide.
