Default company panoramic image

Aspen Research Corporation

Aspen Research's mission is to develop and manufacture biomaterials that reduce the use of petroleum based polymers at a competitive cost.

  • Stage $3M in TTM Revenue
  • Industry Biotechnology
  • Location Maple Grove, MN, USA
  • Currency USD
  • Founded September 1987
  • Employees 42
  • Website

Company Summary

Aspen is a developer and manufacturer of sustainable materials (bioplastics, composites, adhesives and coatings) that combines a sophisticated analytical lab, compounding manufacturing and a history of disruptive technological innovation. Aspen created Fibrex for Andersen Windows and is an expert with PLA manufactured by NatureWorks. We are seeking to raise $3-$6 million to support the vast growth of our Bio-Materials company.


  • Default avatar
    Richard Burnton

    Rick Burnton (CEO and President): Burnton is responsible for the day to day activities of the company with focus on financial matters. Burnton is the voice of the Company at multiple industry events. Prior to Aspen he brings over 22 year investment / commercial banking experience. Burnton grew small investment bank into a national player with assets under management in excess of $3.5 billion. Graduate of UW Madison - Economics

  • Default avatar
    Greg Patterson

    Patterson is responsible for the day to day management of the company in partnership with the CEO. His main focus is the oversight of the Sales and Marketing. Prior to Aspen Patterson brought 20 year experience as an entrepreneur who has founded several companies. From 1995-2005, Patterson was the President/CEO of BioSun Systems Corporation, a start-up company that provided waste treatment solutions to the livestock industry.

  • Default avatar
    Roger Pearson, PhD
    VP Materials Development

    Roger Pearson: VP – Director of R&D Development Services
    Has been with Aspen since 1997
    Roger holds both an M.S. and Ph.D. in environmental chemistry from the University of Minnesota and a B.S. in chemistry from Montana State University.
    Extensive experience in gas chromatography analysis of volatile and semivolatile compounds and is an expert at coupling analytical results back into process chemistry. He is an industry recognized expert in


  • Default avatar
    Linquist and Vennum - Frank Bennett
    Default avatar
    Boulay - Matt Crane

Previous Investors

  • Default avatar
    Family and Friends