Tech Funding News
Hubble Network raises $200M Series C at $1.6B valuation to publicize Bluetooth-to-satellite network
Hubble Network raised $200 million in a Series C led by Smith Point Capital, valuing the five-year-old startup at $1.6 billion as it expands its Bluetooth-to-satellite service to the public. The company now has over 500,000 devices reporting from orbit, has grown headcount to 70+, and brings total funding to $300 million.
Motorola Solutions Leads $125M Round in BRINC as Startup Aims to Put 911 Drones on 80,000 U.S. Police and Fire Stations
Seattle startup BRINC raised $125 million in a round led by Motorola Solutions with participation from Index Ventures and Figma CEO Dylan Field, taking total funding above $280 million. The company plans to deploy 911 response drones to the roughly 80,000 U.S. police and fire stations, citing rapid revenue, production, and contract growth amid shifting U.S. rules favoring domestic drones.
KredosAi Raises $7 Million Series A Led by BMW i Ventures with Investment Unrelated to Auto-Lending
KredosAi raised $7 million in a Series A funding round led by BMW i Ventures, with CEO Balaji Sridharan clarifying the investment is purely financial and unrelated to BMW's auto-lending business.
Devplan Raises $2.5M Seed Round to Cut AI Coordination Costs by 3.5x Using Real-Time Knowledge Graph
Devplan, a Seattle startup founded by former Uber and Amazon executives, raised $2.5M in seed funding led by AI2 Incubator to develop a real-time knowledge graph that reduces AI coordination costs by 3.5 times for product and engineering teams.
