June 24, 2021

Maker of hydroponic farming systems gets $1 million grant, relocates headquarters to Scott’s Addition

Source: The Richmond Times Dispatch

A startup company that makes indoor, hydroponic farming systems has opened its new headquarters and production site in the Scott’s Addition area of Richmond.

The opening of the Babylon Micro-Farms Inc. office comes after the company received a $1 million grant from the National Science Foundation with the potential for $750,000 in follow-on funding to continue development of BabylonIQ, its technology platform designed to operate decentralized, automated micro-farms.

The grant will help the company move further into commercialization. The company had been awarded a $225,000 Phase 1 grant in 2019 to conduct scientific trials of its technology.

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