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Aspen Aerogels Nets Venture Capital Debt

Wednesday, June 27, 2012 5:35:00 AM PDT | VentureDeal

   Northborough, Massachusetts  --  Nanotechnology company Aspen Aerogels has raised $9.6 million in new venture capital debt, according to an SEC regulatory filing.

Aspen Aerogels provides nanotechnology enhanced insulation solutions for the oil and gas, military, building and construction and other industries.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Aspen is still seeking $5.4 million in additional venture capital debt, according to the filing.

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