# 5B Australia funding: rounds and investors

> 5B Australia has raised $17M across 1 round since 2022. Investors include Artesian VC and Australian Renewable Energy Agency (ARENA).

Source: https://millionrounds.com/company/5b-australia (Millionrounds; every figure on the page links to its filing or article)

Australia · [Series B startup](https://millionrounds.com/companies)

# Who invested in *5B Australia*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summary Updated 26 Oct 2026

**$17M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $17M Dec 2022
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2022** Series B **$17M** [Artesian VC](https://millionrounds.com/fund/artesian) [Australian Renewable Energy Agency (ARENA)](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) Source recorded

## Founders and team

From 5B Australia's own website: 2 founders, 9 on the team.

**Chris McGrath** Co-founder

**Eden Tehan** Co-founder

- **David Griffin** Chief Executive Officer
- **Alice Lang** Chief of Staff
- **Frank Paduch** Chief Financial Officer
- **Lloyd Niccol** Chief Technology Officer
- **Matthew Vocale** Chief Supply Chain Officer
- **Nicole Kuepper-Russell** Chief Strategy Officer
- **Andrew Ah Toy** General Manager Commercial
- **Laura Washington** General Counsel
- **Matt de Smeth** General Manager Delivery and Services

## Everyone who backed them

[Artesian VC](https://millionrounds.com/fund/artesian) Asset manager **1** round

[Australian Renewable Energy Agency (ARENA)](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=5b-australia).

## Quick answers about 5B Australia

### Who invested in 5B Australia?

5B Australia's investors include Artesian VC and Australian Renewable Energy Agency (ARENA).

### How much has 5B Australia raised?

5B Australia has raised $17M across 1 round since 2022.

### When did 5B Australia last raise?

5B Australia's most recent round was a Series B of $17M in Dec 2022.

### What was 5B Australia's biggest round?

Its most recent round, $17M in Dec 2022, is also its largest on record.

### Who backed 5B Australia first?

5B Australia's first round on record, in Dec 2022, was backed by Artesian VC and Australian Renewable Energy Agency (ARENA).

### What stage is 5B Australia at?

5B Australia's latest named round is a Series B, in Dec 2022.

### Where is 5B Australia based?

5B Australia is based in Australia.

## Companies like 5B Australia

In the same sector, and raised in the last eighteen months.

[**Hysata** $146M · Sept 2026](https://millionrounds.com/company/hysata)[**Amber** $148M · Sept 2026](https://millionrounds.com/company/amber)[**Amber Electric** $56M · Sept 2026](https://millionrounds.com/company/amber-electric)[**Gridsight** $38M · Sept 2026](https://millionrounds.com/company/gridsight)[**Bower** $3.9M · Aug 2026](https://millionrounds.com/company/bower)[**HAMR Energy** $32M · Jul 2026](https://millionrounds.com/company/hamr-energy)

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