BASF Venture Capital GmbH

Aspen Aerogels Inc.

Aspen Aerogels, Inc. was founded in 2001 to capitalize on proprietary and patented advances in aerogel technology. Aspen has developed a proprietary, easy-to-use blanket form of aerogels with broad application in a variety of markets, including Oil & Gas, Building & Construction, Outdoor Gear & Apparel, Solar Thermal, Appliances, and Transportation. The company is headquartered in Northborough, Massachusetts, USA and has 120 employees.

Key Facts


Investment Year:



Northborough, USA


Aerogel-based insulation materials


Nils Christoph Koehler
Chief Financial Officer