Loading organizations...
Based in Sydney, Australia, 5B Australia develops and manufactures prefabricated, accordion-style ground mount solar array systems for rapid utility-scale deployment. The company's proprietary MAVERICK technology has contributed to the installation of over 140 megawatts of solar capacity across more than 140 global sites. Operating through a hardware sales and manufacturing partnership model, the firm supplies modular arrays to utility developers and mining operations, including a 95-megawatt project for Liontown Resources. The enterprise generates approximately $116 million in revenue and maintains a workforce of 150 to 500 employees. 5B Australia scaled its production capabilities following a $55 million AUD Series B funding round in 2022 backed by investors BP Ventures, AES Corporation, and Malcolm Turnbull. The organization was founded in 2013 by Chris McGrath and Eden Tehan.
5B Australia has raised $40.4M across 3 funding rounds.
5B Australia has raised $40.4M in total across 3 funding rounds.
5B Australia has raised $40.4M across 3 funding rounds. Most recently, it raised $21.7M Series B in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 3, 2022 | $21.7M Series B | AES | — | Announced |
| Jan 17, 2022 | $10.1M Venture Round | Darren Miller | — | Announced |
| Jul 30, 2020 | $8.6M Venture Round | Andrés Gluski | — | Announced |
5B Australia has raised $40.4M in total across 3 funding rounds.
5B Australia's investors include AES, Darren Miller, Andrés Gluski.
