Today, we are excited to announce that we have closed our Series C financing at $118 million with the International Finance Corporation (IFC), a division of the World Bank Group, being the lead investor in the 2nd closing. This brings Planet’s total fundraising to over $183 million and gives us the capital […]
Big news from our brand new SoMa headquarters: I’m pleased to announce a first closing of a planned $70 million Series C round led by Data Collective. This financing includes a debt facility of $25 million from Western Technology Investment, bringing the total financing to $95 million. I’ve gotten to know Matt […]
Today the Antares rocket on a mission to the ISS failed. The rocket was carrying our 26 Flock 1d satellites. Importantly, mission control confirmed that there are no injuries. This was the 5th launch of the Antares rocket—and all relatively new rockets have a higher risk of explosion. While the previous launches have been successful, […]
At Planet Labs, we’re on a mission to image the whole world, every day and provide universal access to it. We think the fresh and frequently updated, global imagery can help humanity to take better care of the planet and life upon it, as well as create myriad new commercial opportunities. Today […]
