January 6, 2023 – Varnum partner Matt Bower has been named to the Board of Directors for TechTown Detroit, an urban research and technology business park.
Bower leads the firm’s Venture Capital and Emerging Companies Team. He advises emerging companies on capital fundraising, including SAFE financing, convertible debt, preferred equity financing and securities law compliance. He works closely with companies from formation and organization to liquidity through sale or merger and all stages of development in between. His experience in the early-stage capital markets includes fund representation, fund formation and investments.
Bower, who serves as the lead partner in Varnum’s Ann Arbor office, also has extensive experience in a broad range of intellectual property matters particularly protection and commercialization, including development, licensing and SaaS agreements.
TechTown is Detroit’s entrepreneurship hub, with a mission of helping tech startups and small businesses develop, launch and grow. Founded in 2000 by Wayne State University, Henry Ford Health System and General Motors, TechTown was incorporated as a nonprofit in 2004. TechTown offers a full suite of entrepreneurial services for tech and neighborhood businesses, with satellite offices across the city.