Aspen Aerogels Garners $22,500,000 New Funding Round

  • Feed Type
  • Date
    5/19/2013
  • 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
    Debt
  • Transaction Amount
    $22,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used for working capital to support revenue growth and for capital expenditures to improve the efficiency and throughput of existing manufacturing assets.
  • M&A Terms
  • Venture Investor
    Undisclosed

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