Planet Labs received $23m from IFC to close out a round that boosted the O'Reilly Media-backed satellite imaging company's total funding to more than $180m.
Planet Labs, a US-based satellite imaging company backed by media company O’Reilly Media, closed a $118m series D round yesterday after securing a further $23m.
International Finance Corporation (IFC), the World Bank’s commercial investment arm, led the second tranche of the round, which followed a $95m first tranche raised in January this year.
The $70m equity portion of the first tranche was led by Data Collective, which participated alongside unnamed new and existing investors. Western Technology Investment supplied a…
