The synthesis of a novel fused hexacyclic electron rich monomer incorporating thieno[3,2‐b]thiophene is reported and characterized by single crystal X‐ray diffraction. Suzuki co‐polymerization with benzothiadiazole (BT) afforded a novel low band‐gap polymer P4TBT with high molecular weights and good solution processability. Bulk heterojunction solar cell devices using the P4TBT and [70]PCBM gave power conversion efficiencies of 2.5%. Top‐gate, bottom‐contact field effect transistors (FETs) using P4TBT displayed high hole mobilities of 0.07 cm2 · Vs−1 demonstrating the suitability of the novel monomer and polymer for use in high performing organic electronic devices.