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FarEye raised $25 million of fresh funding

Nabanita Dutta

News Editor

Logistics SaaS platform FarEye has raised $25 million of fresh funding in a Series D funding round. The round was led by Microsoft’s venture fund M12 along with Eight Roads Ventures and Honeywell Ventures. During the COVID-19 pandemic, the company is offering its product “Serve” as a zero-fee to enable the movement of essential goods. They are going to use the fund to improve their capabilities and enhance partnerships.