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News | 3 min read
Babylon Micro-Farms to expand, relocate to Richmond
February 11, 2021
News | 3 min read
February 11, 2021
RICHMOND โ Gov. Ralph Northam today announced that 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 to the City of Richmond. Babylonโs new location in Scottโs 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.ย Virginia successfully competed with Arizona and California for the project, which will create 24 new jobs.
โWe are thrilled to celebrate the growth of innovative Virginia businesses like Babylon Micro-Farms,โย said Gov. Northam. โThe companyโs dynamic, high-tech systems are helping to address food insecurity during the pandemic and getting fresh, local produce into the hands of more people. This expansion demonstrates the success that entrepreneurs can find in our Commonwealth, while also maintaining a strong commitment to environmental sustainability.โ
Co-founded in 2017 by University of Virginia students Alexander Olesen and Graham Smith, Babylon Micro-Farms started when Olesen and Smith first designed a low-cost micro-farm to provide nutritious produce for food-insecure refugees in the Middle East. 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. Babylonโs key innovation was developing a technology system that enables its own staff to remotely manage the light, water, and nutrients for its farming systems.
โThe demand for Babylon Micro-Farmsโ engineered indoor farming systems is growing in assisted living facilities, student centers, restaurants, and across the globe,โย said Secretary of Commerce and Trade Brian Ball. โThis expansion will enhance the companyโs 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.โ
โRichmond is an exciting city with a rapidly expanding start-up and technology scene,โย said Alexander Olesen, CEO and Co-Founder of Babylon Micro-Farms. โWe hope to attract some of the leading talent to our new headquarters in Scottโs Addition.โ
The Virginia Economic Development Partnership 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 companyโs employee training activities will be provided through the Virginia Jobs Investment Program.
โRichmond has proven to be fertile ground for innovative companies, and Babylon Micro-Farmsโ environmentally friendly, technology-driven, indoor farming methods provide healthy food options for many people,โย said Richmond Mayor Levar Stoney. โWeโre excited to welcome them to Richmond, and look forward to the company growing its product and its presence in our city.โ
โBabylon Micro-Farmsโ relocation to the City of Richmond and the expansion of its operations represents an exciting opportunity for the city,โย said Sen. Ghazala Hashmi. โNot only is the venture bringing new jobs, the companyโs use of innovative technologies for indoor farming offers a model for fresh and healthy produce that is grown locally and within urban settings. I am delighted that the company will be a part of Scottโs Addition.โ
โWe are excited to welcome Babylon Micro-Farms to Richmond,โย said Del. Jeffrey Bourne. โWe admire the companyโs ingenuity and commitment to sustainability and food accessibility. Its presence will be a great addition to our community as well as create valuable new jobs.โ
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