SCHEDULE 13G/A 0001451794 XXXXXXXX LIVE 3 Class A Common Stock, $0.0001 par value 06/30/2025 0001836833 Planet Labs PBC 72703X106 645 Harrison Street, Floor 4 San Francisco CA 94107 Rule 13d-1(c) Draper Fisher Jurvetson Fund X, L.P. b E9 0 3721848 0 3721848 3721848 N 1.3 PN Row 2. Reporting Person expressly disclaims status as a group for purposes of this Schedule 13G. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,332,842 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. See also, Items 2 and 4. Row 11.This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Draper Fisher Jurvetson Fund X Partners, L.P. b E9 0 3721848 0 3721848 3721848 N 1.3 PN Row 2.Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. All of these shares are held directly by Draper Fisher Jurvetson Fund X, L.P. (Fund X). Draper Fisher Jurvetson Fund X Partners, L.P. is the GP of Fund X. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,332,842 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. DFJ Fund X, Ltd. b E9 0 3721848 0 3721848 3721848 N 1.3 OO Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. All of these shares are owned directly by Draper Fisher Jurvetson Fund X, L.P. ("Fund X"). DFJ Fund X, Ltd. is the General Partner of Draper Fisher Jurvetson Fund X Partners, L.P., which is the General Partner of Fund X. Messrs. Timothy C. Draper, John H.N. Fisher, Andreas Stavropoulos, Joshua Stein and Donald F. Wood are directors of DFJ Fund X, Ltd. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,332,842 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Draper Fisher Jurvetson Partners X, LLC b CA 0 113716 0 113716 113716 N 0.04 OO Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. Draper Fisher Jurvetson Partners X, LLC. ("Fund X LLC") is a side-by-side fund of Draper Fisher Jurvetson Fund X, L.P. ("Fund X"). The managing members of Fund X LLC are Messrs. Draper and Fisher, who each disclaim beneficial ownership of the shares held by Fund X LLC except to the extent of their pecuniary interest therein. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 71,278 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Draper Associates Riskmasters Fund II, LLC b CA 0 940235 0 940235 940235 N 0.3 OO Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. Mr. Timothy C. Draper is the managing member of Draper Associates Riskmasters Fund II, LLC and has sole investment and voting power. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 103,820 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Draper Associates Riskmasters Fund III, LLC b CA 0 761659 0 761659 761659 N 0.3 OO Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. Mr. Timothy C. Draper is the managing member of Draper Associates Riskmasters Fund III, LLC and has sole investment and voting power. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 84,101 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Timothy C. Draper b X1 1701894 3835564 1701894 3835564 5537458 N 2.0 IN Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 5 and 7.Of these shares, 940,235 shares are held by Draper Associates Riskmasters Fund II, LLC ("DARF II"), and 761,659 shares are held by Draper Associates Riskmasters Fund III, LLC ("DARF III"). Mr. Draper is the Managing Member of DARF II and DARF III and has sole investment and voting power with respect to all such shares. Row 6, 8 and 9. Of these shares, 3,721,848 shares are directly held by Draper Fisher Jurvetson Fund X, L.P., and 113,716 shares are directly held by Draper Fisher Jurvetson Partners X, LLC. See also, Items 2 and 4. Row 5, 6, 7, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,592,041 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. John H. N. Fisher b X1 0 3835564 0 3835564 3835564 N 1.4 IN Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. Of these shares, 3,721,848 are held by Draper Fisher Jurvetson Fund X, L.P., and 113,716 shares are held by Draper Fisher Jurvetson Partners X, LLC. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,404,120 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Andreas Stavropoulos b X1 0 3721848 0 3721848 3721848 N 1.3 IN Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. All of these shares are held by Draper Fisher Jurvetson Fund X, L.P. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,332,842 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Joshua Stein b X1 0 3721848 0 3721848 3721848 N 1.3 IN Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. All of these shares are held by Draper Fisher Jurvetson Fund X, L.P. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,332,842 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11. This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Donald F. Wood b X1 0 3721848 0 3721848 3721848 N 1.3 IN Row 2. Reporting Person expressly disclaims status as a group for purposes of the 13G. Row 6, 8 and 9. All of these shares are held by Draper Fisher Jurvetson Fund X, L.P. See also, Items 2 and 4. Row 6, 8 and 9. Represents shares of Class A Common Stock of the Issuer beneficially owned on June 30, 2025. Does not include up to 2,332,842 additional shares of the Issuer Class A common stock which may be issued as additional contingent consideration (as part of a prior business combination involving the Issuer) in four substantially equal installments if the closing price of the Issuer's Class A Common Stock equals or exceeds $15.00, $17.00, $19.00 and $21.00, over any 20 trading days within any 30 day trading period prior to December 7, 2026 or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $15.00, $17.00, $19.00 and $21.00. Row 11.This percentage set forth on the cover sheet is calculated based upon 282,273,344 shares of Class A common stock reported outstanding by the Issuer at June 2, 2025. Planet Labs PBC 645 Harrison Street, Floor 4, San Francisco, CA 94107 This Schedule 13G is filed on behalf of: (i) Draper Fisher Jurvetson Fund X, L.P., a Cayman Island exempted limited partnership ("Fund X"). (ii) Draper Fisher Jurvetson Fund X Partners, L.P., a Cayman Islands exempted limited partnership ("Fund X Partners") is the general partner of Fund X. (iii) DFJ Fund X, Ltd., a Cayman Islands exempted limited liability company ("Fund X Ltd.") is the general partner to Fund X Partners. Messrs. Timothy C. Draper, John H.N. Fisher, Andreas Stavropoulos, Joshua Stein and Donald F. Wood are directors. Messrs. Draper, Fisher, Stavropoulos, Stein and Wood exercise shared voting and investment power over the shares held by Fund X. Messrs. Draper, Fisher, Stavropoulos, Stein and Wood disclaim beneficial ownership of the shares held by Fund X except to the extent of any pecuniary interest therein. (iv) Draper Fisher Jurvetson Partners X, LLC, a California limited liability company ("Partners X") is a side-by-side fund of Fund X. The managing members of Partners X are Messrs. Draper and Fisher. Decisions with respect to Partners X securities are made automatically in conjunction with decisions by Fund X. Messrs. Draper and Fisher disclaim beneficial ownership of the shares held by Partners X except to the extent of their pecuniary interest therein. (v) Draper Associates Riskmasters Fund II, LLC, a California limited liability company ("DARFII"). Mr. Draper is the managing member of DARFII and he disclaims beneficial ownership of the shares held by DARFII except to the extent of his pecuniary interest therein. (vi) Draper Associates Riskmasters Fund III, LLC, a California limited liability company ("DARFIII"). Mr. Draper is the managing member of DARFIII and he disclaims beneficial ownership of the shares held by DARFIII except to the extent of his pecuniary interest therein. (vii) Timothy C. Draper, a United States citizen, is a managing director of Fund X, a managing member of Partners X and director of Fund X Ltd. Mr. Draper is also the Managing Member of DARFII and DARFIII. (viii) John H. N. Fisher, a United States citizen, is a managing director of Fund X, a managing member of Partners X and a director of Fund X Ltd. (ix) Andreas Stavropoulos, a United States citizen, is a director of Fund X Ltd. (x) Joshua Stein, a United States citizen, is a director of Fund X Ltd. (xi) Donald F. Wood, a United States citizen, is a director of Fund X Ltd. 1 North B Street, Suite 2500, San Mateo, CA 94401 See 2(a) Y The information set forth on all of the cover sheets hereto with respect to each of the Reporting Persons on this Schedule 13G is incorporated herein by reference. The percentages set forth on the cover sheets and below are calculated based on 282,273,344 shares of Class A common stock outstanding at June 2, 2025. The information set forth in this Schedule 13G does not reflect an additional 27,000,000 shares of Class A Common Stock which may be issued by the Issuer in the aggregate as contingent consideration in certain circumstances. Draper Fisher Jurvetson Fund X, L.P. A. Amount Beneficially owned: 3,721,848 B. Percent of Class: 1.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,721,848 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,721,848 Draper Fisher Jurvetson Fund X Partners, L.P. A. Amount Beneficially owned: 3,721,848 B. Percent of Class: 1.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,721,848 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,721,848 DFJ Fund X, Ltd. A. Amount Beneficially owned: 3,721,848 B. Percent of Class: 1.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,721,848 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,721,848 Draper Fisher Jurvetson Partners X, LLC A. Amount Beneficially owned: 113,716 B. Percent of Class: 0.04% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 113,716 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 113,716 Draper Associates Riskmasters Fund II, LLC A. Amount Beneficially owned: 940,235 B. Percent of Class: 0.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 940,235 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 940,235 Draper Associates Riskmasters Fund III, LLC A. Amount Beneficially owned: 761,659 B. Percent of Class: 0.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 761,659 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 761,659 Timothy C. Draper A. Amount Beneficially owned: 5,537,458 B. Percent of Class: 2.0% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 1,701,894 2. shared power to vote or to direct the vote: 3,835,564 3. sole power to dispose or to direct the disposition of: 1,701,894 4. shared power to dispose or to direct the disposition of: 3,835,564 John H. N. Fisher A. Amount Beneficially owned: 3,835,564 B. Percent of Class: 1.4% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,835,564 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,835,564 Andreas Stavropoulos A. Amount Beneficially owned: 3,721,848 B. Percent of Class: 1.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,721,848 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,721,848 Joshua Stein A. Amount Beneficially owned: 3,721,848 B. Percent of Class: 1.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,721,848 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,721,848 Donald F. Wood A. Amount Beneficially owned: 3,721,848 B. Percent of Class: 1.3% C. Number of shares owned to which such person has: 1. sole power to vote or to direct the vote: 0 2. shared power to vote or to direct the vote: 3,721,848 3. sole power to dispose or to direct the disposition of: 0 4. shared power to dispose or to direct the disposition of: 3,721,848 See 4(a) See 4(a) See 4(a) See 4(a) See 4(a) N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Draper Fisher Jurvetson Fund X, L.P. /s/ John H. N. Fisher 07/24/2025 Draper Fisher Jurvetson Fund X Partners, L.P. /s/ John H. N. Fisher 07/24/2025 DFJ Fund X, Ltd. /s/ John H. N. Fisher 07/24/2025 Draper Fisher Jurvetson Partners X, LLC /s/ John H. N. Fisher 07/24/2025 Draper Associates Riskmasters Fund II, LLC /s/ Timothy C. Draper 07/24/2025 Draper Associates Riskmasters Fund III, LLC /s/ Timothy C. Draper 07/24/2025 Timothy C. Draper /s/ Timothy C. Draper 07/24/2025 John H. N. Fisher /s/ John H. N. Fisher 07/24/2025 Andreas Stavropoulos /s/ Andreas Stavropoulos 07/24/2025 Joshua Stein /s/ Joshua Stein 07/24/2025 Donald F. Wood /s/ Donald F. Wood 07/24/2025