5B Australia Pty Ltd.
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5B Australia Pty Ltd. - overview
Established
2013
Location
Mascot, NSW, Australia
Primary Industry
Renewable Energy
About
Based in New South Wales, Australia, and founded in 2013 by CEO Chris McGrath, and Eden Tehan, 5B Australia Pty Ltd, a. k. a. 5B is a clean technology company that designs, develops, commercializes, licenses, and deploys solar technology solutions.
The company has its manufacturing and testing facility in Adelaide. In June 2022, 5B Australia Pty Ltd raised AUD 30 million in a Series B funding co-led by Artesian and AES Corporation. The company provides 5B Maverick, a ground mount solar solution with each array comprising up to 90 solar panels used for commercial, industrial, off-grid, and large-scale solar power generation. As of June 2022, 5B has worked on multiple projects in Happy Valley, Colon, Port Bonython, Carosue Dam, Moomba Oilfields, Albury Landfill, and more.
5B Australia plans to use its proceeds from June 2022 funding to support its supply and delivery chain development and execution of its product and technology roadmap, market expansion, and unlock the full potential of its Maverick solar technology.
Current Investors
AES Corporation, Artesian Clean Energy Pty Ltd, Artesian
Primary Industry
Renewable Energy
Sub Industries
Solar Power
Website
www.5b.co
Verticals
Clean Technology, Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
5B Australia Pty Ltd. - employee data
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