Funding announcement
Seven ANZ startups that raised $111.5 million this week
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
Angel investor
Dean Kelly
Disclosed deals
Every published round Dean Kelly took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Bower | Pre-seed | 12 Aug 2026 | $2m | Participant | Startup Daily, Ten13, Ten13 portfolio |
Portfolio
Companies Dean Kelly has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Bower | The AI research partner for scientists | 12 Aug 2026, Pre-seed | 1 | 0 |
Funds
Fund closes reported for Dean Kelly, as distinct from the investments it has made.
Portfolio companies acquired
Companies Dean Kelly has backed that another company then bought. An exit for the holding, not a deal Dean Kelly did.
Roles
| Role | Organisation | Sources |
|---|---|---|
| No role recorded yet. Dean Kelly has been mentioned, but not yet attached to an organisation. Know their role? | ||
Coverage
Stories naming Dean Kelly. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Funding announcement
Bower raises $2M to bring ambient intelligence to the research lab
Bower, an Australian startup, has closed a $2 million pre-seed round led by TEN13 with Admiralty Capital Group, Edale Capital and angel backers, funding ambient AI that captures laboratory work as structured research records.