5B
Date | Investors | Amount | Round |
---|---|---|---|
AUD12.0m | Series A | ||
AUD12.0m | Early VC | ||
* | AUD14.0m | Grant | |
* | AUD30.0m | Series B | |
* | AUD20.0m Valuation: AUD150m | Series B | |
Total Funding | €51.8m |
Recent News about 5B
Edit5B is a pioneering company in the renewable energy sector, specializing in the development and deployment of advanced solar energy solutions. The company serves a wide range of clients, including those in the mining industry, through strategic partnerships such as the one with Zenith Energy. Operating primarily in the solar energy market, 5B focuses on making solar projects more affordable, faster to deploy, and smarter in terms of technology and efficiency. Their flagship product, the 5B Maverick solar array, exemplifies their commitment to innovation and cost reduction. The business model revolves around providing turnkey solar solutions that include design, installation, and maintenance, thereby generating revenue through both product sales and service contracts. By accelerating the adoption of ultra-low-cost solar energy, particularly in regions like Chile through collaborations with companies like SolarMovil, 5B is positioning itself as a leader in the renewable energy landscape.
Keywords: solar energy, renewable energy, cost reduction, rapid deployment, mining industry, Zenith Energy, SolarMovil, 5B Maverick, turnkey solutions, innovation.