2019Pre-incubation INDETEC/UFSJ
Ideation and business model planning with the UFSJ ecosystem.

AXOL is a scientific and technological deep tech startup that develops SaaS solutions for health management, risk assessment and performance of critical assets in the electric and industrial sectors.
AXOL Engineering is a scientific and technological startup that develops solutions for asset management and maintenance engineering using stochastic processes and preventive reliability (risk analysis).
AXOL solutions consist of new mathematical models with proprietary embedded AI in a software as a service (SaaS) platform used to manage multiple assets. These models perform quantitative operational risk analyses using advanced multi-state reliability techniques, delivering new performance KPIs (N1 to N5) for asset management.
The new analysis models also help extend useful life, because reliability assessment aims to anticipate a potential failure as early as possible (P-F interval) before it becomes a functional failure (loss of function). In addition, KPIs can support decision-making to improve maintenance planning, optimize OPEX and CAPEX costs, track the entire asset life cycle more accurately and identify variables outside established ranges.
The solutions also include functional requirements such as reports on asset health status, operational risk assessment, spare asset management and probabilized cost calculation, as well as ranking assets by criticality.

2019Ideation and business model planning with the UFSJ ecosystem.
2020Formation of the AXOL team and evolution of the business model.
2020Semifinal classification with the ARM project, Maintenance Risk Analysis.
2021Participation among the 10 startups selected for demo day.
2021Validation of the solution as a software as a service model.
2022Operational risk assessment in 900 large distribution transformers.
2023Startup acceleration program from the government of Minas Gerais.
2023Post-acceleration program from the BH-TEC technology park.
2024Solution setup in the Energisa group and start of licensing.
2025Start of the economic grant project from the government of Minas Gerais.
2026Start of the economic grant project from the government of Minas Gerais.
2026AXOL selected for the Impulso Program in the asset management theme.