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Wednesday, June 26, 2013
Planet Labs Raises $13M From OATV, Founders Fund To Build The World's Largest Fleet Of Earth-Imaging Satellites
Planet Labs, a space and analytics company formerly known as Cosmogia, is announcing $13 million in funding from DFJ, Capricorn, OATV, Founders Fund Angel, Innovation Endeavors (the investment arm of Jeff Skoll), Data Collective and First Round Capital. Planet Labs, which was founded by former NASA scientists, plans to launch the world's largest fleet of imaging satellites that will map the entire Earth to better understand the changing planet and ecosystems. The company successfully launched two imaging satellites in April 2013 for testing purposes.
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