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Hubble Network raises $200M to reach $1.6B valuation as startup expands satellite Bluetooth network

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Hubble Network raises $200M to reach $1.6B valuation as startup expands satellite Bluetooth network

Seattle-based Hubble Network has reached a $1.6 billion valuation after raising $200 million in new funding to power its satellite-based Bluetooth connectivity network. The fresh capital propels the startup into unicorn territory as it works to connect billions of everyday, off-the-shelf devices directly to space.

The Series C round, led by Smith Point Capital, with Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator, and RPM Ventures, brings total funding to $300 million. Hubble Network raised $70 million a year ago.

Hubble currently operates six satellites in low-Earth orbit and plans to expand to a full 60-satellite constellation built with satellite operator Muon Space by 2030. The company says its hybrid network — which blends ground-based tracking with satellite coverage — is live for pilot customers today, including software firm Samsara, with data speeds and update frequencies set to increase as more spacecraft launch.

“When we said we’d connect Bluetooth chips to satellites, most of the industry said the physics wouldn’t allow it,” Alex Haro, CEO and co-founder, said in a news release on Wednesday. “Today we’re turning that early skepticism into a global opportunity.”

Hubble’s swift rise underscores the Seattle region’s growing status as an epicenter for low-Earth orbit satellite development. While heavyweights like SpaceX’s Starlink facility in Redmond and Amazon’s Leo satellite division in Kirkland focus on high-bandwidth orbital internet, Hubble is carving out a distinct niche in low-power, direct-to-satellite IoT connectivity — reinforcing the Pacific Northwest’s footprint across commercial space technology.


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