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Aspen Aerogels Announces $150 Million Investment From Koch Strategic Platforms

PUBLIC · ASPNFeb 17, 2022

Amount Raised

$150 Million

Round Type

Venture

NorthboroughManufacturingInformation TechnologyPublic SafetyQuality Assurance

Description

Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today announced that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has agreed to make a $150 million investment in Aspen through the purchase of convertible notes and common stock to support the Company's aerogel thermal barrier growth opportunities.

Quick answer

Aspen Aerogels raised $150 Million in a funding round, dated February 17, 2022. Aspen Aerogels is based in Northborough, Massachusetts, United States.

How much did Aspen Aerogels raise?
Aspen Aerogels raised $150 Million in a funding round on February 17, 2022.
What does Aspen Aerogels do?
Aspen is a technology leader in sustainability.
Where is Aspen Aerogels based and how big is it?
Aspen Aerogels is based in Northborough, Massachusetts, United States. Fundz records about 478 employees.
Who are the decision-makers at Aspen Aerogels?
Fundz holds 1 contact at Aspen Aerogels. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Aspen Aerogels

Location

30 FORBES ROAD

Northborough, Massachusetts, United States

About

Aspen is a technology leader in sustainability. Our Aerogel Technology Platform™ enables customers and partners to achieve their own objectives around the global megatrends of resource efficiency, electrification, and sustainability. Our strategy is to partner with world-class industry leaders to leverage our patented aerogel technology into additional high-value markets. We are headquartered in Northborough, MA, and manufacture our products at our East Providence, R.I. facilities.

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Related People

1 contact
Verified contacts24 people are listed at Aspen Aerogels. We don't have their email yet.See plans and pricing
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Aspen Aerogels raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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