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
Mascot, NSW, 2020
AU
Phone
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.
Management Team
Title
Name
Email & Social
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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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