Hubble Network Opens Satellite Coverage to All Bluetooth Devices, Raises $200 Million Series C at $1.6 Billion Valuation
Hubble Network, building a low earth orbit satellite network that any Bluetooth-enabled device can connect to, led by Alex Haro, Ben Wild, John Kim, has raised a $200 million Series C led by Smith Point Capital, with Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator, and RPM Ventures. It brings total funding to $300 million at a $1.6 billion valuation, one year after a $70 million Series B.
The Hubble satellite network enables devices with Bluetooth® LE radios to connect directly to satellites hundreds of kilometers above Earth, without dedicated modems or new hardware.
The Hubble SDK and a firmware update are all that is required to connect compatible devices to the network.
Why It Matters.
Cellular networks cover only about 15% of the world’s landmass, leaving most areas dependent on satellite hardware costing $25 or more per device. That makes tracking economically viable mainly for high-value assets, while theft and loss can cost mid-sized businesses millions each year.
Hubble uses the Bluetooth® LE radio already built into many devices as a global beacon for location and sensor data. For new products, connectivity can add less than 50 cents to the bill of materials—around one-tenth the cost of a cellular modem and one-fiftieth that of satellite hardware.
The result is the potential to extend tracking beyond pallets to individual items at mass-market cost.
Where the Network Stands.
Hubble’s network currently includes:
6 satellites in low Earth orbit, with plans to reach 60 by 2030.
100M+ terrestrial gateways across 170 countries and more than 3 million square miles.
500,000+ active devices, more than 10× the number a year ago.
Who’s Building on Hubble.
Samsara is using Hubble to extend visibility to connected equipment beyond reliable cellular coverage, without requiring additional hardware.
Hubble has also partnered with Texas Instruments on gateway-free location and sensor data, InPlay on sub-$1 chips for item-level tracking, and Reelables on printable smart labels for cargo. Muon Space is developing Hubble’s next-generation satellites using its MuSat XL platform.
The Road Ahead.
Hubble’s next phase focuses on expanding its satellite constellation and reducing connectivity costs to make satellite-enabled tracking accessible to a much broader range of devices.
The new capital will support constellation expansion and continued development of low-cost connectivity infrastructure, with the goal of enabling more connected objects to report their location and sensor data from anywhere on Earth.
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