Fenwick represented Hubble Network, a startup creating a global satellite network that any bluetooth enabled device can connect to, in its $20 million Series A financing. The round was led by Transpose Platform, with additional participation from 11.2 Capital, Y Combinator, Yes.VC, Convective Capital, Seraphim Space, Type One Ventures, Soma, AVCF5 and Space.VC.
Hubble Network intends to use the funds to launch its first series of satellites and onboard its initial pilot customers. More information can be obtained from the company's announcement.
The Fenwick transaction team was led by corporate partner Steven Levine and corporate counsel Khang Tran.