Announced
Completed
Synopsis
GRO, a private equity fund, completed the investment in Akselos, a company which provides an engineering simulation platform based on reduced-basis finite-element analysis. Financial terms were not disclosed. “Akselos is a rare opportunity to invest in a company that enables a paradigm shift in verticals with some of the world’s most critical infrastructure by combining deep-tech, pioneering academic research, and high calibre talent. We are highly impressed by Akselos’s innovative software platform that the management team has productized and brought to market and believe it will be an important enabler as the world significantly increases investments in green energy while ensuring capital efficiency. We are excited to support the Company on capitalizing on this market opportunity by leveraging GRO’s operational and B2B software know-how. The investment in Akselos builds on GRO’s extensive sustainable technology expertise and we look forward to welcoming another deep-tech thought leader to the GRO family,” Maxwell Veyhe, GRO Partner.
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