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Hubble Network Opens Satellite Coverage to All Bluetooth Devices, Raises $200 Million Series C at $1.6 Billion Valuation
The new funding lifts Hubble into unicorn territory as it expands a low-power network that lets standard Bluetooth chips send data directly to space.
- On Wednesday, Seattle-based Hubble Network raised $200 million in a Series C round, reaching a $1.6 billion valuation as it opened its satellite constellation to general availability.
- The technology connects standard Bluetooth Low Energy chips directly to space via a firmware update, eliminating the need for costly cellular modems or dedicated satellite hardware.
- Smith Point Capital led the round, bringing the startup's total funding to $300 million with support from Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator, and RPM Ventures.
- Hubble plans to expand its constellation to 60 satellites by 2030, aiming to make global monitoring economically viable for everyday items with $4 monthly subscriptions.
- This expansion reinforces the Pacific Northwest's position in space technology, distinguishing the company's low-power IoT connectivity from high-bandwidth rivals like SpaceX's Starlink and Amazon's Leo division.
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Hubble Network raises $200M at $1.6B valuation to connect Bluetooth devices directly to satellites - Tech Startups
Hubble Network has raised $200 million in Series C funding at a $1.6 billion valuation, betting that the next wave of satellite-connected devices won’t need a satellite modem at all. They may already have everything they need inside: Bluetooth. The […] The post Hubble Network raises $200M at $1.6B valuation to connect Bluetooth devices directly to satellites first appeared on Tech Startups.
Satellite Bluetooth startup Hubble Network raises $200 million at $1.6 ...
·London, United Kingdom
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Startup Hubble Reaches Unicorn Status for Space-Based Bluetooth
Satellite startup Hubble Network raised $200 million in a new funding round, taking the company’s valuation to $1.6 billion as it works to enable global Bluetooth connectivity through a network of spacecraft.
·New York, United States
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Coverage Details
Total News Sources13
Leaning Left0Leaning Right1Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
C 86%
14%
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