Hubble Network Secures $200M for Massive Bluetooth Constellation
Seattle-based Hubble Network has closed a $200M Series C round, valuing the firm at $1.6B as it moves its satellite-based Bluetooth asset tracking out of beta.
Hubble Network has transitioned from orbital beta to general availability following a $200M Series C funding round. The Seattle-based startup, now valued at $1.6B, secured the capital in a round led by Smith Point Capital, with participation from Seraphim and Y Combinator. This brings the firm’s total war chest to $300M, according to Payload.
The Bluetooth Backbone
Hubble’s technical edge lies in a firmware-based modification that enables standard Bluetooth chips—often costing less than $0.50—to communicate directly with satellites. By prioritizing range over bandwidth, the system bypasses the high costs and power demands of traditional cellular-based asset tracking. While current operations utilize six satellites, Hubble intends to deploy an additional 54 units by late 2029.
Scaling for the Billions
CEO Alex Haro confirmed that the next-generation satellites will feature a tenfold increase in Bluetooth-detecting antennas. A single satellite in this configuration will be capable of managing over 10 million devices simultaneously. The ultimate objective is a global grid supporting hundreds of billions of assets.
Beyond simple geolocation, the new hardware will facilitate the transmission of telemetry data, including CO2 levels, humidity, and temperature. This multi-modal sensing capability, combined with a 100M+ ground gateway network, aims to provide near-constant connectivity for industrial, agricultural, and logistics sectors worldwide.