What is Akselos?
Founded in 2012 and headquartered in Lausanne, Switzerland, Akselos offers a sophisticated engineering simulation platform designed to address complex challenges in product development and structural analysis. The company's technology aims to accelerate the design cycle and improve the reliability of engineered products by providing high-fidelity simulations. Akselos operates within the competitive engineering software market, differentiating itself through its advanced computational capabilities.
How much funding has Akselos raised?
Akselos has raised a total of $28.7M across 3 funding rounds:
Private Equity
$2.2M
Unspecified
$10M
Unspecified
$16.5M
Private Equity (2016): $2.2M with participation from Forticap
Unspecified (2018): $10M led by Shell Ventures and Innogy Ventures
Unspecified (2022): $16.5M supported by AT Capital, Japan Energy Fund, Shell, and Future Energy Ventures
Key Investors in Akselos
AT Capital
AT Capital is a global venture capital and business development company with a focus on fintech, content delivery, sports betting, entertainment, and media.
Japan Energy Fund
The Japanese Energy Fund, backed by major Japanese corporations, invests in international companies with decarbonisation technologies, focusing on renewable energy and advanced energy start-ups.
Shell
Shell is a global energy and petrochemical company focused on meeting the world's energy demands in a responsible manner.
What's next for Akselos?
The substantial enterprise-level funding and recent strategic investment signal a strong growth phase for Akselos. This capital infusion is likely to be directed towards expanding its technological capabilities, enhancing its market reach, and further developing its simulation platform. The company is poised to capitalize on the increasing adoption of digital twin technology and advanced simulation tools across various industries, including energy, aerospace, and automotive, aiming to solidify its position as a leader in the engineering simulation space.
See full Akselos company page