Babylon Micro-Farms, a Virginia-based company that develops and produces remotely controlled, indoor hydroponic systems for growing fresh herbs, vegetables, and salad greens, will invest $140,000 to expand operations and relocate Richmond, Virginia.
Babylon’s new location in Scott’s Addition will enable the company to expand its capabilities in manufacturing, software development, and research and development so it can begin distributing nationally and internationally.
“Richmond is an exciting city with a rapidly expanding start-up and technology scene,” said Alexander Olesen, CEO and Co-Founder of Babylon Micro-Farms. “We hope to attract some of the leading talent to our new headquarters in Scott’s Addition.”
The Virginia Economic Development Partnership (VEDP) worked with the City of Richmond to secure the project for Virginia. Babylon Micro-Farms is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“The demand for Babylon Micro-Farms’ engineered indoor farming systems is growing in assisted living facilities, student centers, restaurants, and across the globe,” said Secretary of Commerce and Trade Brian Ball. “This expansion will enhance the company’s development and distribution of its products, and the addition of 24 new jobs is welcome as we work toward economic recovery amid this global health crisis.”
According to state officials, motivated by the desire to bring benefits of sustainable hydroponic farming to those who need it most, the pair set out to develop technology that would automate the complex aspects of indoor farming and in doing so, make this transformative method of crop production accessible to anyone. Babylon’s key innovation was developing a technology system that enables its own staff to remotely manage the light, water, and nutrients for its farming systems.