Babylon Raises $8M For Its Self-Contained Vertical Farming System
04/03/23, 2:02 PM
Location
richmondMoney raised
$8 million
Industry
agriculture and farming
Investors
New Theory Ventures, Hull Street Capital, Virginia Venture Partners, Venture South
Personal vertical farms — that’s the big promise driving Babylon Micro-Farms. The Richard, Virginia-based startup produces the Galleri, a large $15,000 wall appliance designed to grow more than 50 different plant varieties for on-site harvest. The system is obviously price-prohibitive for most individuals at the moment; accordingly, the company is currently focused on food service for verticals like healthcare, education and the corporate world. Anyone who has a desire for hyper-local produce (and a nice visual to boot).
Company Info
Location
richmond, virginia, united states
Additional Info
Babylon Micro-Farms builds its farms in-house at its facility in the Scott's Addition neighborhood of Richmond, VA. Babylon has developed patented technology to power our indoor farms and farming service. Our service enables businesses and communities to have a year-round supply of ultra-fresh produce at the touch of a button. We have a significant impact on our customer base, which includes global leaders like Aramark, Compass, Sodexo, along with many schools, hospitals, and senior care facilities. To learn more visit https://babylonmicrofarms.com/