# Bower funding: rounds and investors

> Bower has raised $3.9M across 2 rounds since 2023. Investors include TEN13, Almi Invest and Verdane. Every round with its source.

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

Australia · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Bower*

2 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Cleantech Wearables

Raised 3 months ago

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Funding summary Updated 5 Nov 2026

**$3.9M** raised across 2 rounds since 2023, from 2 sources

**$1.9M** Grant **$2.0M** Pre-seed

- **Latest round:** Pre-seed, $2.0M Aug 2026
- **Led by:** TEN13
- **Investors:** 10 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$1.9M** Grant

**$2.0M** Pre-seed

- **First round:** Grant, $1.9M
- **Biggest round:** $2.0M
- **Between rounds:** 2.8 years

[**Bower** AI 1 / 15 Their pitch deck **Bower's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/bower)

## The rounds

- **Aug 2026** Pre-seed **$2.0M** *8 new* [TEN13](https://millionrounds.com/fund/ten13) Lead [Admiralty Capital Group](https://millionrounds.com/fund/admiralty-capital-group) [Bernhard Hans Weigl](https://millionrounds.com/fund/bernhard-hans-weigl) [Dean Kelly](https://millionrounds.com/fund/dean-kelly) [Edale Capital](https://millionrounds.com/fund/edale-capital) [Emma Ferrier](https://millionrounds.com/fund/emma-ferrier) [Harry Uffindell](https://millionrounds.com/fund/harry-uffindell) [Yu Liu](https://millionrounds.com/fund/yu-liu) Reported by Startup Daily
- **Nov 2023** Grant **$1.9M** *2 new* [Almi Invest](https://millionrounds.com/fund/almi-invest) [Verdane](https://millionrounds.com/fund/verdane) Source recorded

## Founders and team

From Bower's own website: 4 founders.

**Michelle MacRae** Co-founder and CEO

**David Lyon** Co-founder and CTO

**James Boysons** Co-founder and COO

**Renaud Joannes-Boyau** Co-founder and Chief Science Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Grant** 2023 **Pre-seed** 2026 [TEN13](https://millionrounds.com/fund/ten13) L [Almi Invest](https://millionrounds.com/fund/almi-invest) [Verdane](https://millionrounds.com/fund/verdane) [Admiralty Capital Group](https://millionrounds.com/fund/admiralty-capital-group) [Bernhard Hans Weigl](https://millionrounds.com/fund/bernhard-hans-weigl) [Dean Kelly](https://millionrounds.com/fund/dean-kelly) [Edale Capital](https://millionrounds.com/fund/edale-capital) [Emma Ferrier](https://millionrounds.com/fund/emma-ferrier) [Harry Uffindell](https://millionrounds.com/fund/harry-uffindell) [Yu Liu](https://millionrounds.com/fund/yu-liu)

## Everyone who backed them

[TEN13](https://millionrounds.com/fund/ten13) VC firm **1** round, led 1

[Almi Invest](https://millionrounds.com/fund/almi-invest) VC firm **1** round

[Verdane](https://millionrounds.com/fund/verdane) Private equity **1** round

[Admiralty Capital Group](https://millionrounds.com/fund/admiralty-capital-group) VC firm **1** round

[Bernhard Hans Weigl](https://millionrounds.com/fund/bernhard-hans-weigl) VC firm **1** round

[Dean Kelly](https://millionrounds.com/fund/dean-kelly) Angel **1** round

[Edale Capital](https://millionrounds.com/fund/edale-capital) Family office **1** round

[Emma Ferrier](https://millionrounds.com/fund/emma-ferrier) VC firm **1** round

[Harry Uffindell](https://millionrounds.com/fund/harry-uffindell) Angel **1** round

[Yu Liu](https://millionrounds.com/fund/yu-liu) Angel **1** round

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

## Quick answers about Bower

### Who invested in Bower?

Bower's investors include TEN13, Almi Invest, Verdane, Admiralty Capital Group and Bernhard Hans Weigl, and 5 more on record. TEN13 led its latest round.

### How much has Bower raised?

Bower has raised $3.9M across 2 rounds since 2023.

### When did Bower last raise?

Bower's most recent round was a Pre-seed of $2.0M in Aug 2026, led by TEN13.

### What was Bower's biggest round?

Its most recent round, $2.0M in Aug 2026, is also its largest on record.

### Who backed Bower first?

Bower's first round on record, in Nov 2023, was backed by Almi Invest and Verdane.

### What stage is Bower at?

Bower's latest named round is a Pre-seed, in Aug 2026.

### Where is Bower based?

Bower is based in Australia.

### Who led Bower's rounds?

TEN13 led the Pre-seed in 2026.

## Companies like Bower

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

[**Athena** $115M · Nov 2026](https://millionrounds.com/company/athena)[**Okra Solar** $15M · Nov 2026](https://millionrounds.com/company/okra-solar)[**Metacognition** $5.0M · Oct 2026](https://millionrounds.com/company/metacognition)[**HEX** $101M · Oct 2026](https://millionrounds.com/company/hex)[**DryFlow Magnetics** $44M · Oct 2026](https://millionrounds.com/company/dryflow-magnetics)[**Cuttable** $29M · Oct 2026](https://millionrounds.com/company/cuttable)

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