Aspen Aerogels Hunts for More VC Money

Moresco, Justin
March 2009
Red Herring;3/30/2009, p5
Trade Publication
The article reports on the search for more venture funding of Aspen Aerogels, a developer and manufacturer of advanced nanotechnology materials for applications including thermal insulation for buildings. The company is trying to raise between $10 million and $15 million, according to Chief Executive Officer (CEO) Don Young. In the past, Aspen has raised around $90 million in venture financing. Young said that he expects the company's revenue to nearly double in 2009 to close to $40 million.


Related Articles

  • THE ROLE OF VENTURE CAPITAL IN HIGH TECHNOLOGY FINANCE ∗. Cripsin-Little, Jan Elise; Brereton, John // Economic Development Review;Spring89, Vol. 7 Issue 2, p36 

    Examines the role of venture capital in high technology finance. Overview of the venture industry; Three key characteristics in the use of venture capital funds; Sources of capital commitments; Geographical concentration of venture funds; Trends in the venture capital industry.

  • Energizing the Economy.  // CMA Management;Feb2000, Vol. 74 Issue 1, p20 

    Reports on the increasing role of the venture capital industry in the development of growth companies in Canada. Focus on technology firms; Sales; Exports; Research and development spending by venture-backed companies; Taxes; Capital requirements. INSETS: Fuel for thought;PIVOTAL...

  • Indian Entrepreneurs, Beware! Sachar, Harvi // Siliconindia;Nov2003, Vol. 7 Issue 10, p12 

    Discusses the author's observation that the Indian founder of venture capital-funded high technology firms are likely to be removed from the chief executive executive (CEO) role in the name of bringing "professional management". Disparity in Indian founders' term of as CEO compared to...

  • Executive Roundtable. Santora, Tommy // New Orleans CityBusiness (1994 to 2008);6/27/2005, Vol. 25 Issue 51, p6A 

    Presents a roundtable discussion among New Orleans, Louisiana, technology company chief executives and presidents on the state of their industry. Venture capital climate in the city and the state; Work force needs of the industry; Legislative issues and initiatives that leaders need to focus on...

  • The Secret Life Of A Serial CEO. Freedman, David H. // Inc.;Jan2008, Vol. 30 Issue 1, p80 

    The article features Bob Cramer, chief executive officer of several high technology companies in the U.S. Cramer has purchased online data-storage company LiveVault to $20 million in sales in December 2005. Cramer made a bundle on the deal and believes he could have made perhaps twice as much if...

  • Aerogels Heat Up.  // Design News;12/5/2005, Vol. 60 Issue 18, p56 

    The article focuses on aerogels and nanotechnology. Aerogels, also called "frozen smoke," are not new to technologists. These materials take the form of a solid silica lattice with a network of nanosize pores. Aerogels are fantastic insulation materials; about two to eight times better than...

  • Techies take loans. Fung, Amanda // Crain's New York Business;7/16/2007, Vol. 23 Issue 29, p3 

    The article reports that high technology companies in New York City prefer debt financing over venture capital funding in 2007. Technology firms are more partial to venture debt loans compared to raising equity financing, which is very time-consuming. The issues' implications for corporate...

  • Hubei VC FOF Raises $87.6Mn via Four Funds.  // EmergingMarketsNOW;12/30/2008, p6 

    The article reports on the efforts of various venture capital (VC) firms to raise funds up to USD87.63 million in China. Some of the firms are Wuhan City Venture Capital Guidance Fund (Hubei VC FOF), Hubei government and Shanghai Richen Asset Management. The finds will be used to finance...

  • VC Investments in Biotech Dip 12%, But Deal Size Doubles. Robbins-Roth, Cynthia // BioWorld Today;10/5/2011, Vol. 22 Issue 193, p1 

    The article reports that investments in biotech companies for the first nine months of 2011 dropped 12% from last year. It mentions that despite the fall in venture capital, 72 companies were able to raise 1.5 billion dollars which is still a substantial amount. The investment trends in Series A...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics