Aspen Aerogels raises $37M for nano-insulation materials
Aspen Aerogels, a Northborough, Mass.-based company that uses nanotech-processes to make insulation materials, has wrapped up a $37 million fourth round of funding. The round was led by Arcapita Ventures and joined by existing investors Lehman Brothers Venture Partners Reservoir Capital Group and RockPort Capital Partners.
Its patented aerogels, silica-based jelly-like materials, have a wide range of insulating applications in the apparel, building, transport and energy markets. The firm sells them in fabricated packages and easy-to-apply… Continue Reading
Green builder Serious Materials scoops up Alpen Windows
Serious Materials, one of the better-funded green building startups with its recent round of $50 million in the bank, has bought up an energy-efficient window manufacturer called Alpen Windows.
Started as Quiet Solution, a maker of highly soundproofed building materials, Serious moved more aggressively into green building last year. It has several lines of insulating or environmentally friendly wall material.
The acquisition, for an undisclosed price, should help the Serious round out its offerings. Alpen windows are… Continue Reading