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Hubble Network Raises $200M Series C to Link Bluetooth LE Devices to Satellites

Hubble Network raised $200M in Series C funding to bring Bluetooth Low Energy connectivity to satellites, at a $1.6B valuation.

AI News Feed · 2026-09-24 03:24

The round was led by Smith Point Capital, with participation from Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator and RPM Ventures. It brings Hubble's total funding to $300 million at a $1.6 billion valuation, one year after a $70 million Series B.

Hubble's technology allows any device carrying a Bluetooth LE, or Low Energy, radio to connect to satellites orbiting kilometers above the Earth. Unlike classic Bluetooth, LE transmits data in short bursts at a fraction of the power, letting small devices run for months or even years on a single coin-cell battery. It operates on the same 2.4 gigahertz frequency as Wi-Fi and typically has a range of about 100 meters.

The company is building a constellation of 60 low-Earth-orbit satellites that will interact with a ground-based network to monitor objects embedded with Bluetooth chips, including packages, vehicles and pharmaceuticals. Hubble said the satellite system is on track to go online by 2030 and will work alongside 100 million gateways on the ground across 170 countries and more than 3 million square miles.

"When we said we'd connect Bluetooth chips to satellites, most of the industry said the physics wouldn't allow it," Chief Executive and co-founder Alex Haro said. "Today we're turning that early skepticism into a global opportunity."

Hubble said its newest design adds under 50 cents to total materials, roughly a tenth of the cost of a cellular modem and a fifteenth of the cost of a satellite modem. Before this technology, tracking an individual box or device ended at the pallet and was extremely costly, sometimes averaging $25 or more per device, which meant only the most valuable commodities or bulk shipments were tracked. The technology turns a Bluetooth LE radio already inside a device into global connectivity for location and sensor data, so a package can send its location and small amounts of data such as temperature and pressure readings wherever it goes.

Over the past year, the company partnered with Texas Instruments Inc. to send location and sensor data without the need for gateways, GPS or cellular service. It also partnered with InPlay Inc. to pair a sub-$1 chip with Hubble's gateways for item-level tracking at RFID tag scale, and with Reelables Inc. to print active wireless smart labels for cargo.

Editor's Summary

Hubble Network raised $200 million in Series C funding led by Smith Point Capital, lifting its total to $300 million at a $1.6 billion valuation. The company is building a 60-satellite low-Earth-orbit constellation intended to give any Bluetooth LE device global connectivity for location and sensor data at a fraction of the cost of cellular or satellite modems, with the network targeted to go online by 2030.