Hemisphere Ventures opens in Singapore amid SEA expansion | FinanceAsia

Hemisphere Ventures, a US venture capital and consulting firm known for early-stage investments in space, cybersecurity, biotech, nanotech, drones, robotics, and other frontier technologies, has opened a new office in Singapore, marking its first expansion into Southeast Asia ( SEA ).

Established in 2014, Hemisphere has a collection of US border tech investments, with home offices as investors. Illustrations of markets include area, security, bioscience, nanotech, drones, robotics, and another frontier technologies

Leading the agency’s rise in SEA is Chip Whittemore, who has just been promoted to managing companion. In his new role, Whittmore may direct Hemisphere’s Singapore activity, building relationships with local shareholders, founders, and important stakeholders. According to a media transfer, Hemisphere has also been given the task of utilizing its US network to connect SEA startups with existing collection companies. &nbsp,

Lisa Rich, founder of Hemisphere Ventures, said in the relieve:” Hemisphere’s devotion to the development ecosystem has gone world. Our new company in Singapore makes it easier for startups to interact with global markets and encourages engagement there.

As both skill and cash flow to the area, Processor’s leadership and vision will be crucial to unlocking growth opportunities in the area’s SEA, which is ripe for growth.

According to the transfer, the number of home offices in Singapore has more than tripled since 2020, with 250 more ones established in the first eight month of 2024. &nbsp,

Singapore offers a secure and attractive location for investments in innovative technology, with access to SEA’s high-growth options, according to Chip. I’m excited to direct Hemisphere’s development, and connect owners and traders to the global business marketplace”.

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