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Akselos
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Short description

Provider of predictive physics-based digital twins for the management of large energy assets

Founded in 2012
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Switzerland Lausanne, Switzerland
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Parent Companies

Updated by Clara Von Kaenel at Akselos S.A. on 01/06/2021

Edited by Cleantech Group on 11/03/2022

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Customers
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Date Company
09/03/2020

Royal Dutch Shell Royal Dutch Shell

Structural digital twin solution deployed at Shell's Bonga Field.

Confirmed by Royal Dutch Shell

Partnerships
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Date Partner Type
06/15/2023
MassChallenge MassChallenge
View source    
Confirmed by MassChallenge
Incubation/Acceleration
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IPO INFORMATION

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IPO Type

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Description

Date Investors Type Amount
05/09/2022 AT Capital Group AT Capital Group , Future Energy Ventures Future Energy Ventures , Shell Ventures Shell Ventures , Japan Energy Fund Ventures Japan Energy Fund Ventures (4)
Post-money valuation of
Funding will be used to provide software and digital enabling technologies to model large assets using digital twins and predictive software.
Seed $16,500,000
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Products
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Product image Name Product status Revenue model Cost metrics

Akselos Innovate

Token-based license for project-oriented environment.

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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