Babylon Micro-Farms
Richmond, US · Founded 2017 · Delaware corporation · 4 known investors
Babylon Micro-Farms builds on-site indoor hydroponic vertical farms managed remotely through its BabylonIQ software platform to grow fresh produce year-round. It serves communities and organizations seeking locally grown food using less water and no pesticides.
AgTechFoodTechHardwareIoT
Founders & leadership
Babylon Micro-Farms was founded in 2017 by Graham Smith and Alexander Olesen.
GS
Graham SmithCo-founder30 Under 30 2023
AO
Alexander OlesenCo-founder30 Under 30 2023
TA
Tappan AugustChief Executive Officer
CF
Chris FendersonChief Operating Officer
BE
Bevin EtienneNamed on SEC filing
EG
Eric GlymphNamed on SEC filing
DS
David SchickNamed on SEC filing
Investors · 4
Reported raises · per SEC filings
Form D private placements$9.5M disclosed across 3 rounds · 2020–2022
▶$3.8MraisedDec 2022 · 27 investors · AgricultureRule 506(b)
▶$3.8MraisedDec 2022 · 27 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Alexander OlesenExecutive Officer, Director
- Michael TucciDirector
- Andrew BondsExecutive Officer
- Marc OosterhuisExecutive Officer
- Graham SmithExecutive Officer
- Tappan AugustDirector
- Offering amount
- $5M
- Amount sold
- $3.8M
- First sale
- Nov 2022
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$3MraisedJan 2022 · 21 investors · AgricultureRule 506(b)
▶$3MraisedJan 2022 · 21 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Charles BlankenshipDirector
- Andrew BondsExecutive Officer
- David SchickDirector
- Graham SmithExecutive Officer, Director
- Marc OosterhuisExecutive Officer
- Alexander OlesenExecutive Officer, Director
- Offering amount
- $3.5M
- Amount sold
- $3M
- Minimum investment
- $5K
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$2.8MraisedFeb 2021 · 21 investors · AgricultureRule 506(b)
▶$2.8MraisedFeb 2021 · 21 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Graham SmithExecutive Officer, Director
- Alexander OlesenExecutive Officer, Director
- Bevin EtienneDirector
- Eric GlymphExecutive Officer
- David SchickDirector
- Offering amount
- $4.2M
- Amount sold
- $2.8M
- Minimum investment
- $10K
- Proceeds to insiders
- $109.2K
- First sale
- Dec 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 7
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Frequently asked questions
- What does Babylon Micro-Farms do?
- Babylon Micro-Farms builds on-site indoor hydroponic vertical farms managed remotely through its BabylonIQ software platform to grow fresh produce year-round. It serves communities and organizations seeking locally grown food using less water and no pesticides.
- Who founded Babylon Micro-Farms?
- Babylon Micro-Farms was founded by Graham Smith, Alexander Olesen in 2017.
- Who are Babylon Micro-Farms's investors?
- Babylon Micro-Farms's investors include Lighthouse Network Ventures Llc, New Theory Ventures, VentureSouth, Miami Angels.
- How much funding has Babylon Micro-Farms raised?
- Babylon Micro-Farms has disclosed $9.5M raised across 3 rounds.
- Where is Babylon Micro-Farms headquartered?
- Babylon Micro-Farms is headquartered in Richmond, US.