Hubble Network Secures $200 Million In Series C Funding Led By Smith Point Capital

Hubble Network raised $200 million in a Series C led by Smith Point Capital, with participation from Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator and RPM Ventures, valuing the satellite-powered Bluetooth network at $1.6 billion and bringing total funding to $300 million. CEO and co-founder Alex Haro said the company will use the new capital to scale its constellation from six satellites today to 60 by 2030 as Hubble opens satellite coverage to all Bluetooth devices. FOUNDERS: Alex Haro & Ben Wild INVESTORS: Smith Point Capital, Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator & RPM Ventures ROUND: Series C AMOUNT: $200,000,000 HQ: Seattle, Washington #VentureCapital #HubbleNetwork #AlexHaro #BenWild #TradedVC