FundedIQ
Energy

Aspen Aerogels: Funding, Investors & Team (Oct 2026)

Aspen Aerogels provides thermal management and energy conservation insulation solutions for a variety of industries. Their insulation products are up to eight times more effective than traditional insulation materials. Aspen Aerogels' insulation provides maximum thermal performance with minimal weight and thickness for a growing range of consumer items, including packaging products and many outdoor gear, apparel, and footwear products.

www.aerogel.com LinkedIn Northborough, United States 251-500 employees
Total raised
$100M
Rounds
1
Latest
Post-IPO Debt
Feb 2022

Aspen Aerogels has raised $100M across 1 funding round on record, the most recent a Post-IPO Debt of $100M announced in Feb 2022.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Aspen Aerogels Company Profile and Key Stats

Total funding raised
$100M
across 1 round on record
Funding rounds on record
1
Latest funding round
Post-IPO Debt
$100M in Feb 2022
Employees
251-500
reported band
Headquarters
Northborough, United States

Latest funding round on record: Feb 2022.

Aspen Aerogels Funding Rounds

Date
Round
Amount
Post-IPO Debt
$100M

Aspen Aerogels Founders and Leadership Team

Name
Role
Contact
Donald Young
CEO
Locked

Contact details for the Aspen Aerogels team: 1 of 1 has an email address on file.

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Aspen Aerogels Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M

Aspen Aerogels' latest round of $100M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Aspen Aerogels Funding FAQs

What does Aspen Aerogels do?

Aspen Aerogels provides thermal management and energy conservation insulation solutions for a variety of industries. Their insulation products are up to eight times more effective than traditional insulation materials. Aspen Aerogels' insulation provides maximum thermal performance with minimal weight and thickness for a growing range of consumer items, including packaging products and many outdoor gear, apparel, and footwear products.

How much funding has Aspen Aerogels raised?

Aspen Aerogels has raised $100M across 1 round on record. The most recent is a Post-IPO Debt of $100M announced in Feb 2022.

When did Aspen Aerogels last raise funding?

Aspen Aerogels' most recent funding round on record is a Post-IPO Debt of $100M, announced in Feb 2022.

Who is the CEO of Aspen Aerogels?

Donald Young is listed as CEO at Aspen Aerogels.

Where is Aspen Aerogels headquartered?

Aspen Aerogels is based in Northborough, Massachusetts, United States.

How many employees does Aspen Aerogels have?

Aspen Aerogels is in the 251-500 employee band.

How does Aspen Aerogels' funding compare to other Energy startups?

Aspen Aerogels' latest round of $100M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Aspen Aerogels Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Aspen Aerogels is left off this page rather than filled in.

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