Funding Tracker
Announced May 29, 2023

Hubble Network raises $20M

Company
Hubble Network
Round
Series A
Amount
$20M
Investors
Transpose Platform (lead), Y Combinator
Announced
May 29, 2023

What happened

Hubble Network raised a $20 million Series A led by Transpose Platform, with participation from Y Combinator and other funds and angels, to build a satellite network that any Bluetooth-enabled device can connect to directly from space.

Why it matters

Bluetooth-to-satellite removes the modem and the SIM entirely for low-bandwidth IoT — a long-term wildcard for how billions of devices might bypass terrestrial carriers altogether.

Satellite
IoT

Source: Hubble Network