PROJECT

Projects

Summary of Investment Information

Project Number

36363

Company Name

PLANET LABS PBC

Date SPI Disclosed

Jan 15, 2015

Country

World Region

Region

Global

Projected Board Date

Feb 16, 2015

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 30, 2022

Department

TMT, Venture Capital & Funds

Industry

Telecommunications and Technology

Previous Events

Approved : Feb 25, 2015
Signed : Mar 26, 2015
Invested : Apr 1, 2015

Sector

Other (Including Satellite Telecommunications, Radio and Television Broadcasting, etc.)

Project Description

Founded in 2010, Planet Labs Inc. (“Planet”) is a US-based company that collects information about our changing planet using a fleet of compact, highly capable Earth-imaging satellites. Planet’s goal is to image the entire Earth every day. Planet is enabling the democratization of satellite imagery by making it easy to access online at an affordable price point. The broad coverage and high frequency of its satellite imagery will grant Planet customers access to global and local insights that currently are either impossible or cost-prohibitive to obtain.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation