The Scott’s Addition-based firm, which builds software and hardware to remotely monitor hydroponic farms, got a $1 million grant and $3 million in a capital raise.
Tech startup Babylon Micro-Farms harvests $4M for market expansion
Manufacturing
Lawsuit between Carpenter Co. and foam maker’s former president dismissed
The $18 million wrongful termination and defamation claim filed by Michael Lowery was dismissed after the two sides “compromised.”
Pharma venture fuels $25M expansion of AMPAC facility in Petersburg
The project is spurred by a federal-funded venture that also includes Phlow, Civica and VCU’s Medicines for All Institute to shore up the supply of U.S.-made generic drugs.
Coil manufacturer springs for $9M expansion in Chesterfield
Super Radiator Coils is adding 56,000 square feet to its 121,000-square-foot manufacturing and engineering facility at 451 Southlake Blvd.
Richmond menswear company Ledbury tries shoes on for size
The high-end clothier has launched the Tangier footwear brand, starting with its first in-house boots for $425 a pair.
New Kent cornhole company bags eastern Henrico warehouse for $6.7M
At 130,000 square feet, the move will nearly quintuple Tailgating Pros’ current digs and allow it to double production.
$125M pharmaceutical plant to be built in Petersburg will create 200 jobs
Civica, which is partnering with Phlow, VCU’s Medicines For All Institute and AMPAC, plans to manufacture generic drugs and create 200 jobs.
New brewery, winery and meadery to open under one roof in Chester
The owners of Three Leg Run hope to have a leg up on their competition by making and selling three types of alcohol.
Medical cannabis operator with facility in Manchester to be acquired in $240M deal
New York-based Columbia Care, which has cannabis facilities and dispensaries in 18 American jurisdictions and in Europe, will buy Green Leaf Medical.
Richmond investor dives into kombucha business with Blue Ridge acquisition
Hank Heyming, a co-founder of Trolley Venture Partners, is a fan of the beverage and was already aware of the brand when he heard the owners wanted to sell.