|
Hubble
Network Opens Satellite Coverage to All
Bluetooth Devices, Raises $200 Million
Series C at $1.6 Billion Valuation
Hubble Network
announced the opening of its satellite
network to the public, making it
possible for any Bluetooth device to
connect directly to orbit. The company
also announced a $200 million Series C
round led by Smith Point Capital, with
participation from Seraphim, Carthona
Capital, Earthshot Ventures, Y
Combinator, and RPM Ventures, bringing
Hubble’s total funding to $300 million
and valuing the company at $1.6 billion.
“When we said we’d connect
Bluetooth chips to satellites, most of
the industry said the physics wouldn’t
allow it,” said Alex Haro, CEO and
co-founder of Hubble Network. “Today
we’re turning that early skepticism into
a global opportunity. Alongside our
partners and investors who believe in
our vision, we’re poised to take the
next big leap toward a global satellite
network that delivers affordable,
low-power, ubiquitous connectivity for
billions of devices.”
A New Era of IoT at
Planetary Scale
Cellular networks
reach about 15% of the Earth’s landmass.
Tracking anything beyond that has
required dedicated satellite hardware,
$25 or more per device, leaving only the
highest-valued assets worth tracking.
The rest go untracked, and asset theft
and loss cost the average mid-sized
business $13 million per year. Hubble
turns the Bluetooth LE radio already
inside a device into a global beacon
with a firmware update and no new
hardware. For new designs, connectivity
adds under 50 cents to the bill of
materials, roughly 10x less than a
cellular modem and 50x less than a
satellite one.
Early satellite
access was limited to a few pilot
customers. Now any company on Hubble’s
Terrestrial Network can extend to
satellite coverage with a simple
firmware update, and new customers can
register an off-the-shelf development
kit in the Hubble dashboard and see data
flowing in minutes.
Samsara one of
Hubble’s pilot customers, is working to
bring its satellite network to
real-world physical operations. “Our
customers work on the frontlines in some
of the most remote parts of the world,
where reliable connectivity can be hard
to come by,” said David Gal, VP of
Product and Engineering, Connected
Equipment at Samsara. “Hubble gives us a
way to extend visibility beyond the
reach of traditional networks without
adding new hardware — helping operators
stay connected to critical equipment
wherever the job takes them.”
Hubble operates six
satellites in low Earth orbit today and
is on track to reach 60 by 2030. Its
Terrestrial Network spans more than 100
million gateways across 170 countries
and 3 million square miles of coverage.
More than 500,000 devices are currently
active on the network, more than 10
times the number a year ago.
“Until now, the cost and
complexity of connectivity limited
visibility to only the most valuable
assets,” said Keith Block, Founder and
CEO of Smith Point Capital. “Hubble
Network has built the foundational
infrastructure that the physical world
is missing: a global network extending
Bluetooth-to-satellite reach to provide
comprehensive tracking and status
monitoring for virtually any asset
worldwide, and creating new business
models for mission-critical verticals.
Alex, Ben, and the team have the
technical vision and operational focus
to not only build an enduring,
industry-leading business but to define
a new global standard for how the
physical world is connected, managed,
and understood.”
The latest round
follows Hubble’s $70M Series B raise in
2025. Over the last year, Hubble has
formed partnerships with Texas
Instruments to allow customers to
transmit location and sensor data
without gateways, GPS, or cellular, and
with InPlay, which paired the sub-$1
chip with Hubble’s gateways to deliver
item-level tracking at a cost that
rivals passive RFID. Smart-label maker
Reelables partnered with Hubble,
connecting printable smart labels to the
network to extend cargo visibility, and
Hubble has signed its first customer
contract with Muon Space for larger
next-generation satellites on its MuSat
XL platform.
Founded by Alex
Haro, who took Life360 public, and Ben
Wild, who invented and led product for
Amazon Sidewalk, Hubble is focused on
scaling the constellation toward
continuous global coverage, while
lowering the cost of connectivity to
make it possible to track any item on
Earth, not just expensive assets.
|