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Akselos

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uuid00007y1

Namestring
Akselos
Legal namestring
Akselos S.A.
Websiteurl
akselos.com
Company typeenum
Private
Founded yearint
2012
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLausanne, Switzerland
HQ citystring
Lausanne
HQ countrystring
Switzerland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
structural digital twin software, physics-based simulation platform, structural integrity management, offshore wind certification software, industrial asset monitoring
Industry4 codes
1Asset Integrity, Inspection & Condition-Based Maintenance (CBM/PdM)
CodeEUAEAGALPrimaryYes
2Risk-Based Inspection (RBI), Fitness-for-Service (FFS) & Remaining Life Assessment
CodeEUAEAKAGPrimaryNo
3Condition Monitoring & Predictive Maintenance (SCADA/IoT, Vibration, Thermography, Drones)
CodeEUAMAGADPrimaryNo
4Structural Health Monitoring (SHM) for Civil/Steel Structures
CodeEUAEAKAEPrimaryNo
NAICS code2 codes
  • Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables334513
  • Engineering Services541330
SIC code1 code
  • Industrial Instruments For Measurement, Display, And Control3823
Product category
Industrial Simulation & Structural Digital Twin Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SPM Software Subscription
TypeSubscription Recurring
Description

Akselos provides its Structural Performance Management (SPM) software as a cloud-based subscription service. Customers access the platform via the Akselos Portal (web-based) and Akselos Modeler (desktop), with computation running on Akselos Cloud. The subscription model includes license fulfillment tied to user accounts and device IDs, with subscription-based licensing requiring periodic verification. Professional services (training, implementation support) complement the core software subscription.

akselos.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Pricing details1 tier
1Enterprise subscription licensing — pricing not publicly disclosed, quote-based
ModelSubscriptionBilling cadenceAnnual
Notes

No tier structure or price points are publicly disclosed. License fulfillment involves pairing device IDs with user accounts and periodic subscription verification.

akselos.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 6 records shown
1Structural Performance Management (SPM)
Description

A physics-based simulation technology that combines high-fidelity structural twins with live operational data to monitor structural integrity and predict maintenance needs.

akselos.com
+5 more records
Core offering1 text field

Akselos sells Structural Performance Management (SPM), a cloud-based physics-based simulation platform built on proprietary Reduced-Basis Finite Element Analysis (RB-FEA). The software unifies live operational sensor data with real-time structural integrity conditions (fatigue, thermal damage, pressure cycles, mechanical loads) to deliver predictive, site-wide insight into how structural limits shape throughput, OPEX, CAPEX exposure, and lifecycle decisions for refineries, offshore platforms, FPSOs, GTL/LNG facilities, and floating offshore wind assets. Specialized add-on modules address bolted flange integrity, hydroprocessing reactor monitoring, and automated Design Load Case assessment for floating wind certification.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • $450M+ value unlocked in 5 years across refinery deployments
+7 more records
Product overview1 text field

Akselos offers Structural Performance Management (SPM), a physics-based simulation platform centered on Reduced-Basis Finite Element Analysis (RB-FEA). The core SPM platform is delivered as a unified ecosystem comprising the Akselos Portal (web-based asset management and collaboration), Akselos Modeler (desktop engineering environment for building structural twins), Akselos Solvers (cloud-based high-performance FEA/RB-FEA solvers), and the Akselos Analyser (post-processing and automated code compliance). Specialized add-on modules include WorkFLOWT (automated DLC assessment for floating wind), SPM for Flanges (bolted joint FEA including hot bolting), and SPM for Reactors/MPT (hydroprocessing reactor monitoring with MPT Dashboard). The platform targets downstream oil & gas (refineries, GTL, LNG), offshore oil & gas (platforms, FPSOs), and wind power (offshore wind, floating wind) sectors, providing physics-based structural digital twins that connect live operational data to predictive structural insights for asset performance optimization.

Product and service4 records
1Structural Performance Management (SPM) Platform
CategoryCore platform
Description

Cloud-based physics-based simulation platform built on proprietary Reduced-Basis Finite Element Analysis (RB-FEA) that unifies live operational data with real-time structural integrity conditions (fatigue, thermal damage, pressure cycles, mechanical loads) to deliver predictive, site-wide structural insight for energy infrastructure operators. Delivered via the Akselos Portal and Akselos Modeler with computation on Akselos Cloud.

2SPM for Flanges
CategorySpecialized add-on module
Description

Specialized automated FEA module for evaluating the structural behavior and sealing performance of bolted flange joints in high-pressure, high-temperature process equipment. Supports bolt tightening sequences, gasket degradation, hot bolting and half bolting, flange rotation assessment, Stress Classification Line (SCL) evaluation, and gasket risk matrices using ASME B16.5 geometry.

3SPM for Hydroprocessing Reactors (MPT Analysis)
CategorySpecialized add-on module
Description

Specialized simulation module for hydroprocessing reactors covering heat-up and cool-down procedures, differential thermal expansion, thermal shock, pressure imbalance, and embrittlement risks. Integrates live sensor data (temperature, pressure) from reactor nozzles and vessel shells with structural simulation to support shutdown planning and operational decisions.

4WorkFLOWT
CategorySpecialized add-on module
Description

Automated high-throughput computation engine that handles large volumes of Design Load Cases (DLCs) required for floating offshore wind certification. Automatically executes Ultimate Limit State (ULS) and Fatigue Limit State (FLS) assessments, shell buckling checks (DNV-RP-C201, DNV-RP-C202), and beam code checks (AISC, ISO 19902, Norsok, API RP2A) throughout the asset lifecycle.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

AVEVA provides industrial digital twin and asset performance software widely used across refining, petrochemical, and offshore energy operators. It competes most directly with Akselos in connecting operational data to structural/integrity insights for energy assets, with a broader portfolio and deeper enterprise footprint.

TypeDirect peer
Description

AspenTech, now part of Emerson, offers asset performance management and optimization software for refineries, petrochemical plants, and offshore operators. It targets similar customers (refining/petchem integrity and performance) as Akselos with overlapping reliability and predictive maintenance capabilities.

TypeDirect peer
Description

DNV is a classification and verification society with deep structural-integrity, floating wind, and offshore certification expertise. It competes with Akselos in offshore structural verification and increasingly in digital-twin-driven structural assessment for marine and offshore wind assets.

TypeDirect peer
Description

Bentley provides iTwin-powered infrastructure digital twin software used across energy, industrial, and civil infrastructure. It is directly comparable to Akselos in delivering digital twin workflows for physical assets and increasingly for structural integrity in industrial settings.

5KBC (Yokogawa)
TypeDirect peer
Description

KBC, now part of Yokogawa, supplies process simulation, optimization, and asset management software to refining and petrochemical operators. It targets the same downstream customers as Akselos with overlapping operational-and-integrity optimization positioning.

TypeBroad incumbent
Description

ANSYS is the dominant commercial FEA/simulation platform used across structural, thermal, and fluid analysis. It overlaps with Akselos in finite element structural analysis for industrial assets, though it is a broad incumbent rather than a real-time condition-monitoring specialist.

TypeBroad incumbent
Description

Siemens' Simcenter and Xcelerator portfolios include structural FEA, system simulation, and industrial digital twin capabilities. They overlap with Akselos' structural and digital twin offerings as part of a much broader industrial software portfolio serving energy and manufacturing customers.

TypeBroad incumbent
Description

Dassault's SIMULIA suite provides structural and multiphysics simulation across aerospace, marine, offshore, and industrial customers. It competes with Akselos at the high-fidelity FEA layer and is increasingly extending into digital twin and operational continuity use cases.

TypeBroad incumbent
Description

Hexagon's MSC Software (Nastran, Adams, Marc) provides structural and durability simulation used across aerospace, defense, and offshore industries. It overlaps with Akselos in structural analysis for floating wind and offshore platforms, with a much broader simulation portfolio.

TypeBroad incumbent
Description

GE Digital offers APM, Predix, and asset performance solutions used by power generation, oil & gas, and utility operators. It is comparable to Akselos in connecting operational data to reliability and integrity decisions, but as part of a much wider industrial software portfolio.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration6 records

Each record includes

Title, Type, Description, Source

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature9 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds12 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors15 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Akselos

Industrial Simulation & Structural Digital Twin Softwareakselos.com

Akselos firmographics

Firmographics
Name
Akselos
Legal name
Akselos S.A.
Website
https://akselos.com
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Akselos industry classification

Industry
Product category
Industrial Simulation & Structural Digital Twin Software
NAICS
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Engineering Services (541330)
SIC
Industrial Instruments For Measurement, Display, And Control (3823)
akta.pro primary industry
Asset Integrity, Inspection & Condition-Based Maintenance (CBM/PdM) (EUAEAGAL)
akta.pro secondary industries
Risk-Based Inspection (RBI), Fitness-for-Service (FFS) & Remaining Life Assessment (EUAEAKAG), Condition Monitoring & Predictive Maintenance (SCADA/IoT, Vibration, Thermography, Drones) (EUAMAGAD), Structural Health Monitoring (SHM) for Civil/Steel Structures (EUAEAKAE)

Keywords

  • Structural digital twin software
  • Physics-based simulation platform
  • Structural integrity management
  • Offshore wind certification software
  • Industrial asset monitoring

Where Akselos is headquartered

Location

Headquarters

HQ city
Lausanne
HQ country
Switzerland
HQ region
Europe

Offices1 record

Markets served

Akselos business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

  1. SPM Software Subscription: Akselos provides its Structural Performance Management (SPM) software as a cloud-based subscription service. Customers access the platform via the Akselos Portal (web-based) and Akselos Modeler (desktop), with computation running on Akselos Cloud. The subscription model includes license fulfillment tied to user accounts and device IDs, with subscription-based licensing requiring periodic verification. Professional services (training, implementation support) complement the core software subscription.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise subscription licensing — pricing not publicly disclosed, quote-based

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Akselos product offering

Product offering

Core offering

Akselos sells Structural Performance Management (SPM), a cloud-based physics-based simulation platform built on proprietary Reduced-Basis Finite Element Analysis (RB-FEA). The software unifies live operational sensor data with real-time structural integrity conditions (fatigue, thermal damage, pressure cycles, mechanical loads) to deliver predictive, site-wide insight into how structural limits shape throughput, OPEX, CAPEX exposure, and lifecycle decisions for refineries, offshore platforms, FPSOs, GTL/LNG facilities, and floating offshore wind assets. Specialized add-on modules address bolted flange integrity, hydroprocessing reactor monitoring, and automated Design Load Case assessment for floating wind certification.

Product overview

Akselos offers Structural Performance Management (SPM), a physics-based simulation platform centered on Reduced-Basis Finite Element Analysis (RB-FEA). The core SPM platform is delivered as a unified ecosystem comprising the Akselos Portal (web-based asset management and collaboration), Akselos Modeler (desktop engineering environment for building structural twins), Akselos Solvers (cloud-based high-performance FEA/RB-FEA solvers), and the Akselos Analyser (post-processing and automated code compliance). Specialized add-on modules include WorkFLOWT (automated DLC assessment for floating wind), SPM for Flanges (bolted joint FEA including hot bolting), and SPM for Reactors/MPT (hydroprocessing reactor monitoring with MPT Dashboard). The platform targets downstream oil & gas (refineries, GTL, LNG), offshore oil & gas (platforms, FPSOs), and wind power (offshore wind, floating wind) sectors, providing physics-based structural digital twins that connect live operational data to predictive structural insights for asset performance optimization.

Differentiator

Problem solved

Functional benefit

Brands

  • Structural Performance Management (SPM): A physics-based simulation technology that combines high-fidelity structural twins with live operational data to monitor structural integrity and predict maintenance needs.
  • Akselos Modeler
  • Akselos Portal
  • Akselos Solvers
  • Akselos Analyser (WorkFLOWT)
  • SPM for Flanges

Products and services

  • Structural Performance Management (SPM) Platform Cloud-based physics-based simulation platform built on proprietary Reduced-Basis Finite Element Analysis (RB-FEA) that unifies live operational data with real-time structural integrity conditions (fatigue, thermal damage, pressure cycles, mechanical loads) to deliver predictive, site-wide structural insight for energy infrastructure operators. Delivered via the Akselos Portal and Akselos Modeler with computation on Akselos Cloud.
  • SPM for Flanges Specialized automated FEA module for evaluating the structural behavior and sealing performance of bolted flange joints in high-pressure, high-temperature process equipment. Supports bolt tightening sequences, gasket degradation, hot bolting and half bolting, flange rotation assessment, Stress Classification Line (SCL) evaluation, and gasket risk matrices using ASME B16.5 geometry.
  • SPM for Hydroprocessing Reactors (MPT Analysis) Specialized simulation module for hydroprocessing reactors covering heat-up and cool-down procedures, differential thermal expansion, thermal shock, pressure imbalance, and embrittlement risks. Integrates live sensor data (temperature, pressure) from reactor nozzles and vessel shells with structural simulation to support shutdown planning and operational decisions.
  • WorkFLOWT Automated high-throughput computation engine that handles large volumes of Design Load Cases (DLCs) required for floating offshore wind certification. Automatically executes Ultimate Limit State (ULS) and Fatigue Limit State (FLS) assessments, shell buckling checks (DNV-RP-C201, DNV-RP-C202), and beam code checks (AISC, ISO 19902, Norsok, API RP2A) throughout the asset lifecycle.

Quantifiable outcome

  • $450M+ value unlocked in 5 years across refinery deployments
  • +7 more outcomes

Companies that use Akselos

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Akselos technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability7 records

Feature9 records

Akselos partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Akselos competitors and assessment

Company assessment

Direct peers

  • AVEVA Group: AVEVA provides industrial digital twin and asset performance software widely used across refining, petrochemical, and offshore energy operators. It competes most directly with Akselos in connecting operational data to structural/integrity insights for energy assets, with a broader portfolio and deeper enterprise footprint.
  • Aspen Technology (Emerson): AspenTech, now part of Emerson, offers asset performance management and optimization software for refineries, petrochemical plants, and offshore operators. It targets similar customers (refining/petchem integrity and performance) as Akselos with overlapping reliability and predictive maintenance capabilities.
  • DNV (Digital Solutions): DNV is a classification and verification society with deep structural-integrity, floating wind, and offshore certification expertise. It competes with Akselos in offshore structural verification and increasingly in digital-twin-driven structural assessment for marine and offshore wind assets.
  • Bentley Systems: Bentley provides iTwin-powered infrastructure digital twin software used across energy, industrial, and civil infrastructure. It is directly comparable to Akselos in delivering digital twin workflows for physical assets and increasingly for structural integrity in industrial settings.
  • KBC (Yokogawa): KBC, now part of Yokogawa, supplies process simulation, optimization, and asset management software to refining and petrochemical operators. It targets the same downstream customers as Akselos with overlapping operational-and-integrity optimization positioning.

Broad incumbents

  • ANSYS: ANSYS is the dominant commercial FEA/simulation platform used across structural, thermal, and fluid analysis. It overlaps with Akselos in finite element structural analysis for industrial assets, though it is a broad incumbent rather than a real-time condition-monitoring specialist.
  • Siemens (Simcenter / Xcelerator): Siemens' Simcenter and Xcelerator portfolios include structural FEA, system simulation, and industrial digital twin capabilities. They overlap with Akselos' structural and digital twin offerings as part of a much broader industrial software portfolio serving energy and manufacturing customers.
  • Dassault Systèmes (3DEXPERIENCE / SIMULIA): Dassault's SIMULIA suite provides structural and multiphysics simulation across aerospace, marine, offshore, and industrial customers. It competes with Akselos at the high-fidelity FEA layer and is increasingly extending into digital twin and operational continuity use cases.
  • Hexagon (MSC Software): Hexagon's MSC Software (Nastran, Adams, Marc) provides structural and durability simulation used across aerospace, defense, and offshore industries. It overlaps with Akselos in structural analysis for floating wind and offshore platforms, with a much broader simulation portfolio.
  • GE Digital (Asset Performance Management): GE Digital offers APM, Predix, and asset performance solutions used by power generation, oil & gas, and utility operators. It is comparable to Akselos in connecting operational data to reliability and integrity decisions, but as part of a much wider industrial software portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Akselos social profiles

Digital presence

Akselos compliance and trust

Trust signal

Compliance1 record

Akselos financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Akselos leadership team

Management profile

Number of profiles

Profiles5 records

Akselos funding detail

Funding detail

Funding overview

Funding rounds12 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Akselos M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Akselos

What does Akselos do?

Akselos sells Structural Performance Management (SPM), a cloud-based physics-based simulation platform built on proprietary Reduced-Basis Finite Element Analysis (RB-FEA). The software unifies live operational sensor data with real-time structural integrity conditions (fatigue, thermal damage, pressure cycles, mechanical loads) to deliver predictive, site-wide insight into how structural limits shape throughput, OPEX, CAPEX exposure, and lifecycle decisions for refineries, offshore platforms, FPSOs, GTL/LNG facilities, and floating offshore wind assets. Specialized add-on modules address bolted flange integrity, hydroprocessing reactor monitoring, and automated Design Load Case assessment for floating wind certification.

Is Akselos a public or private company?

Akselos is a private company. It is classified as private equity controlled and is currently operating.

When was Akselos founded?

Akselos was founded in 2012. It employs 11 to 50 people.

Where is Akselos based?

Akselos is headquartered in Lausanne, Switzerland, in the Europe region.

How does Akselos make money?

One revenue line is on record: SPM Software Subscription.

Who are Akselos's main competitors?

Direct peers on record are AVEVA Group, Aspen Technology (Emerson), DNV (Digital Solutions), Bentley Systems and KBC (Yokogawa). Broad incumbents are ANSYS, Siemens (Simcenter / Xcelerator), Dassault Systèmes (3DEXPERIENCE / SIMULIA), Hexagon (MSC Software) and GE Digital (Asset Performance Management).

Does Akselos have an API?

Yes. Akselos provides programmatic APIs for importing external simulation data into structural twin models. Automated API scripts convert outputs from OrcaFlex (.sim files) and OrcaWave (.owr files) into compatible .npz data bundles for the structural twin. The API scripts handle time-domain data extraction from OrcaFlex (vessel dynamics, mooring tensions, tower base forces, environment/wave kinematics) and frequency-domain hydrodynamic pressure databases from OrcaWave, mapping results onto the structural mesh. Developer documentation is at portal.akselos.com.

What industry is Akselos in?

Akselos's product category is Industrial Simulation & Structural Digital Twin Software. Its primary akta.pro industry code is EUAEAGAL, Asset Integrity, Inspection & Condition-Based Maintenance (CBM/PdM), with a secondary code of EUAEAKAG, Risk-Based Inspection (RBI), Fitness-for-Service (FFS) & Remaining Life Assessment. Its NAICS code is 334513 and its SIC code is 3823.

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Live signals
AijournLeading Companies in Digital Twin Manufacturing SolutionsThis article is an industry overview and buyer's guide profiling eight companies offering digital twin solutions for manufacturing, explaining why digital twins have shifted from a nice-to-have to standard practice due to cost pressures, emissions regulations, skilled workforce shortages, and cybersecurity concerns. The profiled companies include DXC Technology, Cognite, Contact Software, Akselos, Elisa IndustrIQ, Akkodis, Reply, and Indra, each serving different segments of industrial manufacturing with varying technical approaches. The article provides selection criteria for manufacturers evaluating digital twin vendors but does not report on a specific event, transaction, or development.Pv-magazineSpanish grid operator validates tower resistance against cascading failuresRedeia's subsidiary Elewit partnered with Akselos to simulate anti-cascading transmission towers under extreme collapse scenarios. The results confirm current Spanish grid design standards effectively prevent cascading failures, validating infrastructure resilience. The project highlights advanced simulation tools for future grid optimization.AkselosGRO Completes Follow-On Investment in Akselos to Accelerate Global Scaling of Real-Time Structural Performance ManagementGRO, a software-focused private equity firm, has completed a follow-on investment in Akselos, the global leader in Structural Performance Management, marking renewed commitment after their initial 2023 investment as the company reaches an inflection point to scale its SPM platform worldwide. The investment will support product innovation, market expansion in offshore wind, oil and gas, and large-scale infrastructure, and deepen partnerships with leading operators. Akselos has gained global recognition for its physics-based engineering simulation and AI technology that provides real-time structural integrity insights for critical infrastructure.LinknovateTop 10 Startups in Digital Twins for Smart ManufacturingLinknovate identifies ten startups, including Akselos, Aiotel, and Duality AI, as key innovators driving the adoption of digital twin technology in smart manufacturing. These companies utilize advanced simulations to enable real-time monitoring, predictive maintenance, and process optimization for industrial assets across various global regions. The article highlights this trend as a significant component of the Industry 4.0 movement aimed at improving efficiency and sustainability.startupticker.chNew investment to scale Akselos’ simulation technologyAkselos, a global leader in Structural Performance Management, has received a follow-on investment from GRO Capital, a software-focused private equity firm that initially invested in the company in 2023. The funding, whose amount remains undisclosed, will be directed toward expanding Akselos' SPM platform and accelerating its growth in markets including offshore wind, oil and gas, and large-scale infrastructure, while deepening partnerships with leading operators. The investment represents GRO Capital's continued commitment to support Akselos' international expansion and category-leadership position in AI-driven structural integrity technology.ThefuturelistStartups Leveraging Digital Twins to Revolutionize The Oil and Gas IndustryStartups including Akselos, Cognite, and Fugro are deploying digital twin technologies to optimize operations in the oil and gas industry by enabling real-time monitoring and predictive maintenance. These firms leverage AI, IoT, and physics-based simulations to reduce downtime and operating expenses for energy assets. This shift highlights a move toward agile, data-driven solutions replacing traditional legacy systems in the sector.Wind Systems MagazineAkselos, ABS partner to drive innovation in floating offshore windAkselos and the American Bureau of Shipping (ABS) signed a Memorandum of Understanding to collaborate on engineering, design verification, and certification for floating offshore wind projects. The partnership aims to optimize costs and enhance efficiency by combining ABS’s classification expertise with Akselos’ structural risk mitigation technology. This initiative supports the Floating Offshore Wind Energy Shot's goal of reducing energy costs to $45 per MWhr by 2035.AkselosAkselos and Sener Join Forces to Drive Innovation in Floating Wind TechnologyAkselos announced a partnership with engineering group Sener on the DECIMAP project, which develops the HiveWind semi-submersible floating steel platform for high-power marine wind turbines. Akselos will apply its Reduced Basis Finite Element Analysis technology for fatigue and strength assessments, aiming to de-risk and lower lifecycle costs. No financial terms were disclosed.PlmgreenallianceAkselos Announces New Investment in Digital Twin SimulationAkselos secured a $16.5 million funding round led by AT Capital Group, Future Energy Ventures, Japan Energy Fund, and Shell Ventures to support its global expansion in the energy sector. The investment will enable the company to scale its team and deploy its physics-based digital twin technology, which models energy assets with greater speed and accuracy than industry standards.AkselosGRO to make strategic investment in Akselos to accelerate leadership in physics-based digital twinsGRO, a Northern European private equity firm, has announced a strategic investment in Akselos SA to accelerate its organizational expansion and global commercial scaling. The funding will support the development of Akselos's physics-based digital twin technology, which is designed to enhance operational efficiency and extend the life of energy infrastructure for clients such as Shell and Lamprell.