Babylon Micro-Farms Overview
- Year Founded
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2017
- Status
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Private
- Employees
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40
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$65K
- Investors
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13
Babylon Micro-Farms General Information
Description
Developer of an on-demand indoor farming technology designed to make sustainable indoor farming more accessible. The company's technology decentralizes urban farming and develops hydroponic home appliances that combine innovative technology with easy-to-use systems to automate growing processes, enabling growers to cultivate their own fresh produce all year round with reduced water usage, food waste and pollution.
Contact Information
Website
www.babylonmicrofarms.comCorporate Office
- 3409 Carlton Street
- Richmond, VA 23230
- United States
Corporate Office
- 3409 Carlton Street
- Richmond, VA 23230
- United States
Babylon Micro-Farms Timeline
Babylon Micro-Farms Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | 01-Apr-2025 | $65K | Completed | Generating Revenue | ||
| 9. Grant | 03-Apr-2023 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series A1) | 02-Feb-2023 | Completed | Generating Revenue | |||
| 7. Seed Round | 13-Jan-2022 | Completed | Generating Revenue | |||
| 6. Grant | 21-Jun-2021 | Completed | Generating Revenue | |||
| 5. Seed Round | 18-Mar-2021 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2019 | Completed | Startup | |||
| 3. Accelerator/Incubator | 29-May-2018 | Completed | Startup | |||
| 2. Seed Round | 30-Apr-2018 | $600K | $620K | Completed | Startup | |
| 1. Accelerator/Incubator | 01-Apr-2017 | $20K | $20K | Completed | Startup |
Babylon Micro-Farms Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A-2 | ||||||||
| Seed | 651,585 | $0.000010 | $10 | $10 | $10 | 22.77% |
VC Exit Predictor
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Babylon Micro-Farms Comparisons
Industry
Financing
Details
Babylon Micro-Farms Competitors (7)
One of Babylon Micro-Farms’s 7 competitors is Inno-3B, a Private Equity-Backed company based in Saint-Pacôme, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Inno-3B | Private Equity-Backed | Saint-Pacôme, Canada | ||||
| Farmshelf | Venture Capital-Backed | New York, NY | ||||
| Plenty | Venture Capital-Backed | Laramie, WY | ||||
| Growponics | Corporation | Brentwood, United Kingdom | ||||
| AeroFarms | Formerly VC-backed | Ringgold, VA |
Babylon Micro-Farms Patents
Babylon Micro-Farms Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260182510-A1 | Automated hydroponic growing appliance | Pending | 13-Jul-2020 | ||
| US-10750689-B2 | Automated hydroponic growing appliance | Active | 08-Sep-2017 | ||
| US-11930746-B2 | Automated hydroponic growing appliance | Active | 08-Sep-2017 | ||
| US-12514178-B2 | Automated hydroponic growing appliance | Active | 08-Sep-2017 | ||
| US-20190075741-A1 | Automated hydroponic growing appliance | Active | 08-Sep-2017 | A01G31/02 |
Babylon Micro-Farms Signals
Babylon Micro-Farms Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Virginia Innovation Partnership Corporation | Not-For-Profit Venture Capital | Minority | ||
| iiM (Merriam) | Venture Capital | Minority | ||
| New Theory Ventures | Venture Capital | Minority | ||
| SkyWalker Property Partners | Real Estate | Minority | ||
| US National Science Foundation | Accelerator/Incubator |
Babylon Micro-Farms FAQs
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When was Babylon Micro-Farms founded?
Babylon Micro-Farms was founded in 2017.
-
Where is Babylon Micro-Farms headquartered?
Babylon Micro-Farms is headquartered in Richmond, VA.
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What is the size of Babylon Micro-Farms?
Babylon Micro-Farms has 40 total employees.
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What industry is Babylon Micro-Farms in?
Babylon Micro-Farms’s primary industry is Machinery (B2B).
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Is Babylon Micro-Farms a private or public company?
Babylon Micro-Farms is a Private company.
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What is the current valuation of Babylon Micro-Farms?
The current valuation of Babylon Micro-Farms is .
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What is Babylon Micro-Farms’s current revenue?
The current revenue for Babylon Micro-Farms is .
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How much funding has Babylon Micro-Farms raised over time?
Babylon Micro-Farms has raised $14.7M.
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Who are Babylon Micro-Farms’s investors?
Virginia Innovation Partnership Corporation, iiM (Merriam), New Theory Ventures, SkyWalker Property Partners, and US National Science Foundation are 5 of 13 investors who have invested in Babylon Micro-Farms.
-
Who are Babylon Micro-Farms’s competitors?
Inno-3B, Farmshelf, Plenty, Growponics, and AeroFarms are some of the 7 competitors of Babylon Micro-Farms.
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