- Hemisphere Ventures opens Singapore office
- Chip Whittemore leads Asian expansion
- Singapore proves perfect for tech investments
Money Moves East
Hemisphere Ventures, the US frontier tech investor, launched its Singapore office Thursday, marking its first Southeast Asian outpost. The firm plans to tap its US connections to bridge portfolio companies toward Asian markets.
New Sheriff in Town
Chip Whittemore steps into the Managing Partner role to spearhead Singapore operations. He’ll focus on building local investor networks across Southeast Asia’s high-growth technology landscape.
Singapore Slings Forward
The timing looks right – Singapore’s assets under management hit S$5.5 trillion ($4.09 trillion). Family offices tripled since 2020, adding 250 new establishments in early 2024.
The city-state’s stable regulations make it an ideal regional hub amid shifting Asian market dynamics.