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Algo for FarEye robotics in $25m JSA-Microsoft, CAM-8 Roads, OMM-Honeywell Series D

NEW DELHI: FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round.

Mint

Algo Legal advised Robotic Wares Private Limited (FarEye) led by a team of partner Minhaz Lokhandwala and senior associate Utsav Gandhi. (Lokhandwala has since joined IndusLaw.)

J Sagar Associates (JSA) advised Microsoft.

Cyril Amarchand Mangaldas acted for Eight Roads.

O Melveny & Myers LLP acted for Honeywell.

2020-04-11

Deal value: USD 25 million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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