Grenova Inc., a Richmond-based sustainable biotech company, plans to move to a larger facility in the city, investing $10.6 million and creating 250 jobs over the next three years, Gov. Ralph Northam announced Tuesday.
The company is currently located in the Manchester neighborhood but will move to a larger facility across from The Diamond baseball park in the Scott’s Addition area, the governor said. Grenova, founded in 2014, designs and manufactures devices that wash and sterilize pipette tips for reuse and has seen its business quadruple in the past year during the COVID-19 pandemic. Its product Tipnovus lets labs that conduct COVID tests cleanse pipette tips so they don’t have to discard them after one use.
We are thrilled to celebrate this homegrown sustainable biotech firm expanding and adding to its workforce in Richmond,” Northam said in a statement. “It is remarkable to see Virginia’s innovative life sciences businesses quickly adapt and respond to critical needs as we fight this pandemic. Grenova is an emerging industry leader that has achieved exponential growth in a short time, and I applaud the company for leveraging its technology and expertise to address a global shortage and reduce environmental waste.”