Principal, bp Ventures
| Role | Organisation | Sources |
|---|---|---|
| Board Member | 5B | Startup Daily, RenewEconomy, @AuManufacturing |
| Principal | bp Ventures | Startup Daily, @AuManufacturing, Tech Funding News - Australia |
Stories naming Johnathan Stone. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
BP's venture arm invested $20 million to complete solar company 5B's $55 million Series B, with existing backers adding more, supporting international expansion and a North American manufacturing hub.
Australian solar company 5B completed its $55 million Series B after bp ventures invested $20 million, joining AES and Artesian, with funds earmarked for global expansion and R&D.
BP Ventures has invested $20 million in Australian solar technology company 5B Holdings, completing its $55 million Series B round co-led by existing backers AES Corporation and Artesian.
Australian solar startup 5B secured $20 million from bp ventures within its $55 million Series B, funding technology development, a North American manufacturing hub, and international expansion.