Tech Company Financing Transactions

5B Holdings Funding Round

5B Holdings, based in Mascot, NSW, scored $13.4 million from BP Ventures.

Transaction Overview

Company Name
Announced On
12/15/2022
Transaction Type
Venture Equity
Amount
$13,430,000
Round
Undisclosed
Investors

BP Ventures (Lead Investor) (Johnathan Stone)

Proceeds Purpose
The capital injection from bp ventures will support 5B's technology development and growth. It will also accelerate 5B's international expansion, and its plans to establish a manufacturing and assembly hub in North America.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
34 Kent Road
Mascot, NSW, 2020
AU
Website
Email Address
Overview
5B is a clean technology innovation powerhouse that accelerates access to low-cost, safely deployed, gigawatt-scale solar energy. We are transforming solar technologies to realise our vision of a world where abundant, accessible, and affordable power from the sun meets all our energy needs. 5B delivers solar solutions which are safer, faster, lower-cost, lower-risk and more energy dense than conventional fixed-tilt or single-axis tracking technologies. 5B has a strong track record of commercialising and licensing innovative solar solutions, with more than 68 MW of 5B solar technology deployed globally.
Profile
5B Holdings LinkedIn Company Profile
Social Media
5B Holdings Company Twitter Account
Company News
5B Holdings News
Facebook
5B Holdings on Facebook
YouTube
5B Holdings on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris McGrath
  Chris McGrath LinkedIn Profile  Chris McGrath Twitter Account  Chris McGrath News  Chris McGrath on Facebook
Chief Financial Officer
Sharon Markulin
  Sharon Markulin LinkedIn Profile  Sharon Markulin Twitter Account  Sharon Markulin News  Sharon Markulin on Facebook
Chief Operating Officer
Brett Freeman
  Brett Freeman LinkedIn Profile  Brett Freeman Twitter Account  Brett Freeman News  Brett Freeman on Facebook
Chief Technical Officer
Adrian Turner
  Adrian Turner LinkedIn Profile  Adrian Turner Twitter Account  Adrian Turner News  Adrian Turner on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/15/2022: Quadric venture capital transaction
Next: 12/15/2022: CtrlStack venture capital transaction

 

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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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