About 5B
5B is an Energy & Utilities company based in Mascot (Australia) founded in 2013 by Eden Tehan. Solar energy projects are developed with innovative, efficient technologies. 5B has raised $44.81 million across 6 funding rounds from investors including bp, AES and Artesian. 5B has completed 1 acquisition, including IXL Solar. 5B offers products and services including 5B Maverick. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is 5B Holdings Pty Ltd. Its competitors include EDL, YES Group and MetroElectro; 1 of its 3 listed competitors has raised funding.
Company details
5B was founded in 2013 in Mascot, Australia, where solar energy projects are developed within the renewable energy sector. Advanced solar solutions are provided, noted for safety, speed, cost efficiency, reduced risk, and greater energy density relative to fixed-tilt or single-axis tracking systems. Operations include RD, advanced manufacturing, deployment, and testing facilities to support project execution.
Products & Services of 5B
5B offers a comprehensive portfolio of products and services, including 5B Maverick.
Modular solar farm for faster deployment and higher efficiency
Apps and channels of 5B
its YouTube channel 5B has 622 subscribers and 30 videos.
Videos from 5B
The most watched videos on 5B's YouTube channel, 5B (622 subscribers). Click a video to play it here.
More on 5B.
Funding Insights of 5B
5B has successfully raised a total of $44.81M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $13.7 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $44.81M
- Total Rounds 6
- Last Round Series B — $13.7M
- Investors Count 8
All 6 funding rounds of 5B with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
8 investors in total: 4 institutional and 4 angel.
Investors in 5B
5B has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include bp, AES and Artesian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors | artesianinvest.com | Sydney, Australia | ||
Cleantech sector funding is provided via venture capital investments. | arena.gov.au | Canberra, Australia | ||
bp is recognized as a global energy company. | 1909 | bp.com | United States | |
Electric power is generated and distributed globally by AES. | 1981 | aes.com | Hong Kong, China | |
MT Malcolm Turnbull | Australian businessman, politician, and angel investor with interests in tech startups. | unknown_275090bb37b34905b | ||
SH Simon Holmes à Court | Australian investor, philanthropist, active in Indian startups, focus on climate tech. | unknown_83f7ed2d85b64acba | ||
EL Eytan Lenko | Australian-Indian angel investor, ex-CEO of Outware Mobile, active in tech startups | unknown_609a1d3cf28f4d89b | ||
SL Startmate Lenko | unknown_619c3b3f49144b5aa |
Investor details for 5B
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of 5B
45 people are tracked at 5B (22 in leadership, 23 in team).
| Name | Role | Group |
|---|---|---|
Eden Tehan | Co-Founder | Leadership |
Adrian Turner | Program Director, Sun Cable | Leadership |
Rhett Evans | CTO | Leadership |
Nicole Kuepper | COO | Leadership |
Chris McGrath | CEO | Leadership |
Dr Nicole Kuepper-Russell | Chief Strategy Officer | Leadership |
Lloyd Niccol | Chief Technology Officer | Leadership |
Gabriel Reyna | Head of US | Leadership |
Sarah Pope | Head Of Project Delivery | Leadership |
Matthew Vocale | Chief Supply Chain Officer | Leadership |
Sanaya Khisty | Head Of Strategy And Government Relations | Leadership |
Claude Dagescy | Global Head of Production | Leadership |
Matthew de Smeth | General Manager Delivery & Services | Leadership |
Alice Lang | Chief Of Staff And Global Head Of Corporate Development | Leadership |
Winnie L. | Head of Investment | Leadership |
Gregory Maugens | Head Of Logistics | Leadership |
Jonas Schofer | Head Of Supply Chain - Strategy & Growth | Leadership |
Nathan Tones | Finance Business Partner | Leadership |
Robert Elliot | Head Of Field Industrialisation | Leadership |
Laura Ramsay | Head Of Commercial Operations | Leadership |
25 more people are available in the full profile.
Complete people profiles for 5B
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by 5B
5B has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IXL Solar.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar powered products are manufactured by IXL Solar. | ixlsolar.com.au | Salisbury, Australia | 1858 | Dec 2021 | •••• |
Complete acquisition details for 5B
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Timeline of 5B
4 dated milestones of 5B across 9 years, from founding to its latest funding, stage changes and deals.
- Founded 5B is founded.
- Funding First funding round.
- Acquisition Acquires IXL Solar.
- Funding Latest funding round, Series B, of $13.7M.
Competitors of 5B
5B has 3 listed competitors in our database, 1 of them funded. They include EDL, YES Group and MetroElectro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| edlenergy.com | 2014 | Brisbane, Australia | 140 | Wind and solar energy projects are developed by EDL. | ||
| yesgroupsa.com.au | 2004 | Wayville, Australia | Vertically integrated company offering solar installations and energy management services. | |||
| metroelectro.com.au | 2024 | St Kilda, Australia | $680,000 | Solar PV projects are developed in Australia by MetroElectro. |
Detailed competitors of 5B
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Web traffic of 5B
The website of 5B (5b.co) receives about 3.3K visits a month.
- Monthly visits3.3K
▼ 34.2% vs previous month
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Related news about 5B
Complete news archive for 5B
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Frequently Asked Questions about 5B
5B was founded in 2013 and raised its 1st funding round 7 years after it was founded.
5B is headquartered in Mascot, Australia. It is registered at Mascot, New South Wales, Australia.
5B is a funded company, having raised a total of $44.81M across 6 funding rounds to date.
5B was founded in 2013 in Mascot, Australia, where solar energy projects are developed within the renewable energy sector. Advanced solar solutions are provided, noted for safety, speed, cost efficiency, reduced risk, and greater energy density relative to fixed-tilt or single-axis tracking systems. Operations include RD, advanced manufacturing, deployment, and testing facilities to support project execution.
5B's top competitors include EDL, MetroElectro and YES Group.
5B offers 5B Maverick.
5B has made 1 acquisition, including IXL Solar.
5B has 8 investors. Key investors include bp, AES, Artesian, Australian Renewable Energy Agency, and Malcolm Turnbull.
5B operates through 5B Holdings Pty Ltd.