Earth imaging company Planet Labs raises $52m series B financing, backed by investors including OATV, as it prepares to launch its Flock 1 fleet of 28 satellites.
Planet Labs, a US-based space and analytics company which operates Earth imaging satellites, has raised $52m in series B financing from investors including existing investors O’Reilly Alpha Tech Ventures (OATV), the corporate venturing arm of US-based media company O’Reilly Media, DFJ, Capricorn, Founders Fund, First Round Capital, Innovation Endeavors, Data Collective, and AME Cloud Ventures; new investors joining this round included technology investor Yuri Milner, Industry Ventures, Felicis Ventures, Lux Capital, and Ray Rothrock.
Robbie Schingler, Planet Labs co-founder, said:…
