Google-backed Planet went public via a SPAC merger with dMY IV in a $2.8bn deal.

Google-backed Planet, a developer of a satellite imaging platform, went public via a SPAC merger with dMY IV in a $2.8bn deal. Investors in PIPE include BlackRock, Koch Strategic Platforms, TIME Ventures and existing investor Google. "Today marks a huge milestone for Planet and our team, representing over a decade of hard work and dedication to using space to help life on earth. Our listing on the NYSE and fully capitalized growth plan will enable us to accelerate our business and work with our partners towards creating a more sustainable and secure world," Will Marshall, Planet Co-Founder and CEO. On September 16, 2021, Planet Labs and dMY Technology Group announced that they have received a commitment for a $50m investemnt in dMY from Canada Pension Plan Investment Board. On December 3, 2021, dMY Technology Group's stockholder approved proposed business combination with Planet.