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See all 8Hubble Network Raises $200M Series C at $1.6B Valuation to Enable Bluetooth Devices to Connect Directly to LEO Satellites
Hubble Network raised $200 million in a Series C at a $1.6 billion valuation and launched general availability of its satellite service that enables standard Bluetooth chips to connect directly to low Earth orbit satellites, lowering connectivity hardware costs below $0.50 from $10–$50.
Ravel raises $8.2M seed round led by One Small Planet to commercialize blended-textile recycling
Ravel raised $8.2 million in an oversubscribed seed round led by One Small Planet to scale its Purification Recycling technology from pilot to commercial production, targeting hard-to-recycle blended textiles like polyester/elastane. The Seattle company will use the funds to commercialize a process that separates and purifies mixed feedstocks into mono-material fibers while minimizing energy use and material damage.
Temporal Technologies Raises $550M Series E at $12.55B Valuation Led by Lightspeed to Scale Durable Execution
Temporal Technologies raised $550 million in a Series E at a $12.55 billion valuation to expand adoption of its Durable Execution technology, which lets long-running applications resume after failures; the round was led by Lightspeed with co-leads Wellington Management, Goldman Sachs Alternatives’ Growth Equity and Tiger Global. CEO Samar Abbas — formerly CTO and a longtime distributed-systems engineer who swapped roles with co-founder Maxim Fateev in April 2024 — said the funding addresses growing demand for reliable infrastructure for complex software and AI.
