(May 9, 2022)

“Akselos – leader in physics-based Digital Twins – today announces a $16.5 million funding round, with participation from AT Capital Group, Future Energy Ventures, Japan Energy Fund and Shell Ventures.

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 optimise 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.

Image Credit of Digital Twin Modelling from Akselos

Akselos’ solution – which is 1,000x faster and 10x more accurate than the industry standard when modelling large scale assets – simulates exact virtual replicas, or predictive and accurate Digital Twins, of energy assets such as offshore wind turbine and their foundations.”

Learn more by reading the full Akselos press release HERE.