Fundz

Babylon Raises $8M For Its Self-Contained Vertical Farming System

PRIVATEApr 03, 2023

Amount Raised

$8 Million

Round Type

Funding Round

RichmondAgriculture and Farming

Investors

New Theory VenturesHull Street CapitalVirginia Venture PartnersVenture South

Description

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).

Quick answer

Babylon Micro-Farms raised $8 Million in a Funding Round round, dated April 3, 2023. Investors: New Theory Ventures, Hull Street Capital, Virginia Venture Partners and Venture South. Babylon Micro-Farms is based in Richmond, Virginia, United States.

How much did Babylon Micro-Farms raise?
Babylon Micro-Farms raised $8 Million in a Funding Round round on April 3, 2023.
Who invested in Babylon Micro-Farms?
New Theory Ventures, Hull Street Capital, Virginia Venture Partners and Venture South are named as investors in this round.
What does Babylon Micro-Farms do?
Babylon Micro-Farms builds its farms in-house at its facility in the Scott's Addition neighborhood of Richmond, VA.
Where is Babylon Micro-Farms based and how big is it?
Babylon Micro-Farms is based in Richmond, Virginia, United States.
Who are the decision-makers at Babylon Micro-Farms?
Fundz holds 1 contact at Babylon Micro-Farms, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming around the same time

Companies in the same sectors as Babylon Micro-Farms that raised within 45 days of this round, from Fundz verified event records.

  • CropFiQ raised $325K (Seed) on May 12, 2023.
  • Hemptown Organics Corp. raised $30K (Seed) on May 11, 2023.
  • TagZ Foods raised $2M (Seed) on May 11, 2023.
  • ChrysaLabs raised $15M (Series A) on May 10, 2023.
  • Improvin raised $3.8M (Seed) on May 9, 2023.
  • Earth Alive Clean Technologies raised $3.5M (Seed) on May 8, 2023.

Who to call at Babylon Micro-Farms, and when

A new round usually means Babylon Micro-Farms is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Babylon Micro-Farms

Location

Richmond, Virginia, United States

About

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/

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Related People

1 contact
Verified contactsAlexander O., Executive Officer, Director hiddenSee plans and pricing
Predictive Intelligence
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Babylon Micro-Farms raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.