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Babylon Micro-Farms
About
Babylon offers an on-demand indoor farming technology to make sustainable indoor farming accessible.
- 11 - 50
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $0.99M
- Industries
- Agriculture,AgTech,Horticulture,Software
- Founded date
- Apr 1, 2017
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Babylon offers a smart, scalable indoor farm tailored to meet the clients' needs.At the touch of a button, Babylon delivers a simple, yet engaging indoor growing experience. Babylon is leveraging its remote management technology to develop a complete indoor farming platform that will power a distributed network of Micro-Farms across North America.Founders Alexander Olesen and Graham Smith met at the University of Virginia where they first designed a low-cost micro-farm to provide nutritious produce for food-insecure refugees in the Middle East. Alexander and Graham were initially inspired by the desire to bring benefits of sustainable hydroponic farming to those who need it the most. They 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.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 21, 2021 | Grant | $0.99M | 1 |
National Science Foundation
|
— | Detail |
| Jan 9, 2020 | Grant | $225K | 1 |
National Science Foundation
|
— | Detail |
| Jun 28, 2019 | Grant | $223.10K | 1 |
National Science Foundation
|
— | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Apr 17, 2018
Origin Protocol
|
Corporate Round | $28.50M | Blockchain | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
