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TAMPA, Fla. — Hubble Network has secured $70 million in Series B funding to help deploy a 60-satellite constellation capable of connecting up to a billion Bluetooth devices worldwide by 2028.
The Seattle-based venture announced the funding Sept. 17, bringing its total raised to $100 million since it was founded in 2021.
“The plan is to fund the constellation through a mix of equity investments from investors and customer revenue as we scale,” Hubble cofounder and CEO Alex Haro told SpaceNews.
“What this raise really gives us is the runway to prove commercial traction at scale, which makes financing the rest of the constellation much easier.”
Hubble says it has more than 10 pilot customers, each with millions of devices that could use its business-focused Bluetooth tracking network. The service would function similarly to Apple’s Find My and Google’s Find My Device offerings, but without relying on terrestrial infrastructure.
Last month, Hubble ordered two 500-kilogram MuSat XL satellite buses from California’s Muon Space for deployment in 2027. They would follow seven smaller cubesats launched to low Earth orbit from Spire Global, which Hubble says enabled the first Bluetooth connection directly to a satellite last year.
“We design and build the payloads and antenna arrays ourselves, but the buses come from partners,” said Haro, who also cofounded location-sharing app Life360, a Hubble partner.
“Our constellation will be a mix of buses from Muon, Spire and other manufacturers,” he continued.
“That flexibility lets us move quickly while staying focused on what makes Hubble unique, our Bluetooth-to-satellite technology.”
Haro said Ryan Swagar of Swagar Capital led the Series B round and contributed the largest check. “Ryan and I go way back,” Haro said, “he led Life360’s Series A, and it’s been great to have him in our corner again.”
Other investors included Tom Gonser, founder of e-signature platform DocuSign; Mike Farley, cofounder of smart location company Tile; and Marc Weiser, managing director of early-stage investor RPM Ventures. Venture capital accelerator Y Combinator and Tuff Yen, founder of investment firm Seraph Group, also participated.
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