Error using open (line 145) no project project found with root folder <pathToFolder>

I have a simulink project file (.prj) that I cannot open. See attached an image for the full error dialog. I have tried opening the file from file explorer and also from within Matlab. I also tried changing the folder name to "AxiomaticSimulink" instead of "Axiomatic-Simulink", but that still doesn't work. I have another project file in a similar directory (C:\Users\owenk\Documents\Axiomatic-Simulink\AX020510) that works just fine. Any suggestions?

[Pradeep Kumar]

I had the exact same problem and based on a colleague's suggestion, I tried the following and it worked.

I copied the contents of "../SimulinkProject" folder from the project whose .prj file I was able to open, into the "../SimulinkProject" folder of the project which was throwing the error.

Note: This would probably only work if the 2 projects are identical.