Aspen Aerogels Lands $21,500,000 New Financing

  • Feed Type
  • Date
    10/8/2010
  • Company Name
    Aspen Aerogels
  • Mailing Address
    30 Forbes Road Building B Northborough, MA 01532
  • Company Description
    Aspen Aerogels is nanotechnology at work in oil pipelines, natural gas and military ships, building and construction, boots and jackets and much, much more.
  • Website
    http://www.aerogel.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The global building and construction market offers a significant opportunity for aerogel technology, and BASF and Aspen will join forces to target and rapidly penetrate the European market.
  • M&A Terms
  • Venture Investor
    BASF Venture Capital America
  • Venture Investor
    Rockport Capital Partners
  • Venture Investor
    Tenaya Capital
  • Venture Investor
    Reservoir Capital Group
  • Venture Investor
    Arcapita Ventures
  • Venture Investor
    Argonaut Private Equity

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