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Akselos

Founded 2012 · 140 employees on LinkedIn · 6 known investors

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466 people in our graph share verified history with the Akselos team — schools, employers, funds. One of them is your warm intro.

Wesley Chanunlockedknows Thomas Leurent · together at Massachusetts Institute of Technology (overlapped)
×7knows the team · via Massachusetts Institute of Technology
×4knows the team · via World Economic Forum

Akselos provides SPM (Structural Predictive Maintenance) technology that models how operational decisions like ramp rates and startup/shutdown procedures affect stress, fatigue accumulation, and brittle fracture risk in refinery reactors. It serves petrochemical and refinery operators aiming to run faster cycles while maintaining structural integrity and uptime.

Also known as Akselos SA

Founders & leadership

Akselos was founded in 2012 by Thomas Leurent.

TLThomas Leurent
Thomas LeurentinFounder · CEOThomas Leurent co-founded Akselos after conducting research at MIT's Laboratory for Computational Engineering, where he developed the core Reduced-Basis Finite Element Analysis technology underlying the company's Structural Performance Management software. He holds a degree in Mechanical Engineering from ETH Zurich and an MSc from MIT, and previously worked as a research scientist for the US Department of Energy.

Investors · 6

Company profile

researched Aug 2026

Akselos develops Structural Performance Management (SPM) software that continuously calculates the structural performance of critical industrial equipment from real-time operating data. The stated aim is to let operating teams increase throughput, reduce downtime and extend asset life while remaining within safe structural limits. The product builds a "live structural twin" of an asset from data customers already hold — engineering drawings, sensor feeds, inspection records and historian data — without requiring new sensors or hardware, and delivers live visualization, reporting and API integrations.

The core of the offering is Reduced-Basis Finite Element Analysis (RB-FEA), a patented method originating from MIT and EPFL that, per the company, re-solves model changes in seconds rather than the hours or days required by conventional simulation, running roughly 1,000x faster and at 30-50x scale while remaining within 1% of full finite element analysis accuracy. Akselos positions this "physics-based AI" against pattern-based machine learning, arguing that a physics engine grounded in engineering codes and standards such as ASME, API 579 and class-society requirements produces explainable results that hold up in operating conditions absent from historical data.

SPM is presented as an operating layer that sits alongside existing industrial systems, including data historians, APC/RTO, MES, planning and scheduling, asset performance management and generic AI tools, and informs decisions on throughput, asset life, CAPEX timing and risk.

Business model

Enterprise software sold to owner-operators of large industrial assets, deployed on top of a customer's existing data and system stack; the site directs prospects to request a demo.

Traction

Publicly cited deployments include Shell's Pearl GTL, a World Economic Forum Global Lighthouse site, where the structural twin supported a six-year extension of critical asset life with stated 64% annual capital savings; Shell's Bonga FPSO, where hull fatigue analysis narrowed roughly 15,000 potential hotspots to 230 and is credited with a 33% OPEX reduction; and Adriatic LNG, where one open-rack vaporizer was re-rated live for 10% additional throughput, with up to EUR 32 million in deferred CAPEX if all four are re-rated.

Latest developments

Akselos is promoting independent research conducted by Verdantix on its behalf, dated 2026, covering 40 industrial leaders, alongside a white paper on how SPM accelerates industrial decision-making and an upcoming webinar featuring a Verdantix analyst and Akselos's Oz Rodriguez.

Full profile — market position, technology, go-to-market

Market position

Positions itself as the definer of a Structural Performance Management category and of "AI for structural integrity" (AI4SI), differentiated from asset performance management and generic AI analytics tools that it says sit elsewhere in the customer stack.

Akselos contrasts its physics-based engine with generic AI that learns only from historical data: it claims explainable predictions traceable to physical behavior, grounding in established engineering codes (ASME, API 579, class-society rules), and validity under operating conditions not represented in past data, plus speed sufficient for real-time use.

Technology

Patented Reduced-Basis Finite Element Analysis (RB-FEA) developed from MIT and EPFL research, used to create live structural twins that re-solve model changes in seconds — about 1,000x faster and at 30-50x the scale of conventional simulation, within 1% of full FEA accuracy — with compliance to API 579 and ASME. Inputs include drawings, sensor data, inspections and historian records; outputs cover fatigue and cracking, buckling and remaining useful life.

Go-to-market

Direct enterprise sales supported by demo requests, reference deployments on live assets, analyst-backed content (a commissioned Verdantix study of 40 industrial leaders), white papers, webinars and a company blog.

Operators of large, safety-critical industrial equipment, including LNG terminals, gas-to-liquids plants, offshore FPSOs and refinery and petrochemical assets; cited deployments involve Shell and Adriatic LNG facilities.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Adriatic LNG deferred CAPEX if all four ORVs re-ratedJan 2026up to EUR 32 million
Adriatic LNG open-rack vaporizer throughput increase after live re-rateJan 202610%
HeadcountAug 2026140
Pearl GTL annual capital savingsJan 202664%
Pearl GTL critical asset life extensionJan 20266 years
RB-FEA solve speed vs conventional simulationJan 20261,000x faster, at 30-50x scale, within 1% of full FEA accuracy
Shell Bonga FPSO fatigue hotspots prioritizedJan 2026230 hotspots out of 15,000 potential
Shell Bonga FPSO OPEX reductionJan 202633%
Verdantix survey: share of industrial leaders not using real-time data to informJan 202683%
Verdantix survey: share of industrial leaders unable to test the operating scenaJan 202665%
Verdantix survey: share of industrial leaders who are reactive and do not use foJan 202695%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Akselos do?
Akselos sells Structural Performance Management software that computes critical equipment integrity in real time using physics-based simulation.
Who founded Akselos?
Akselos was founded by Thomas Leurent in 2012.
Who are Akselos's investors?
Akselos's investors include Alumni Ventures, Basecamp Fund, Castor Ventures (an Alumni Ventures Fund), Elewit, Future Energy Ventures, GRO Capital.