Seraphim Space Investment Trust (SSIT) is investing a further $30 million into Hubble Network. Hubble is building a satellite-powered Bluetooth network, enabling standard off-the-shelf Bluetooth low energy chips to connect directly to space without cell towers, gateways or custom hardware. Seraphim Space announced its latest investment, Aug. 18.
Hubble is an existing portfolio company of Seraphim Space Venture Fund II (SSVII). The investment represents the first addition of a new portfolio company to SSIT using the proceeds of the company’s successful 137 million pound ($185.7 million) C Share issue.
Hubble has raised more than $100 million to date, including a $70 million Series B funding round led by Swagar Capital in September 2025. Its investor base includes Y Combinator, Ryan Swagar, Tom Gonser, and Mike Farley. Hubble’s strategic partnerships include…