HedgeCo.Net — Seattle-based Hubble Network raised a $200 million Series C led by Smith Point Capital on September 23, 2026, reaching a $1.6 billion valuation and about $300 million in total funding, according to the company’s announcement and corroborating coverage from GeekWire and SiliconANGLE. Proceeds support expansion of its Bluetooth-to-satellite connectivity constellation.
Round participants named include Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator, and RPM Ventures. The company is building toward a 60-satellite low-Earth-orbit constellation aimed at Bluetooth LE device connectivity.
For allocators tracking space-and-IoT venture, the hard marks are the $200 million Series C, $1.6 billion valuation, ~$300 million cumulative funding, Smith Point Capital lead, named participants, and the 60-satellite LEO target. Do not invent constellation launch cadence, ARR, or undisclosed terms beyond what was published.