Aspen Aerogels Lands $21,500,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ec5ae76-23a5-4e07-8b7d-b0cb62dbecb8&Preview=1 -
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
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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
