VCJ Cover Story: Biofuels Litmus Test

The IPO market has been quiet for a couple of months, and the Solyndra bankruptcy has cast a pall over the VC-backed cleantech sector. But that could change soon, as a total of 15 cleantech companies wait in registration for a chance to launch public offerings, including a handful of biofuels developers. Combined, they could […]

Aspen Aerogels raises $21.5M in financing

Aspen Aerogels, based in Northborough, Massachusetts, has raised $21.5 million in a round of investment, led by Aspen BASF Venture Capital GmbH. Other investors included RockPort Capital, Tenaya Capital, Reservoir Capital Group, Arcapita Ventures and Argonaut Private Equity. Aspen Aerogels, founded in 2001, supplies aerogel insulation products.

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