AeroShield Materials secured $5M in additional funding led by Massachusetts Clean Energy Center, MassVentures, and MassMutual Ventures to expand its new manufacturing facility and team.

Jul 29, 2024•over 1 year ago

Amount Raised

$5 Million

CambridgeEnergy

Investors

Mass Mutual VenturesMass VenturesMassachusetts Clean Energy Center

Description

AeroShield Materials announced the opening of a new manufacturing facility in Waltham, Massachusetts and the closing of $5M in additional funding. The investment will enable the company to scale its operations and hire more than 30 employees for manufacturing energy-efficient products such as double pane windows.

Company Information

Company

AeroShield Materials

Location

Cambridge, Massachusetts, United States

About

AeroShield is developing super-insulating, transparent inserts for windows, bringing state-of-the-art thermal comfort and energy savings into buildings at an affordable price. We work with insulated-glass manufacturers to integrate our material inside of new windows, ready to install in your home. AeroShield’s material is a breakthrough in silica aerogel research. Developed at MIT by co-founder Dr. Elise Strobach, AeroShield is the first silica aerogel to achieve optical quality comparable to glass. Our patent-pending nanostructure and proprietary manufacturing process open a world of possibilities in transparent insulation.

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