Franklin Templeton led a $100m Series E round in Allbirds.

Franklin Templeton, an American multinational holding company, led a $100m Series E round in Allbirds, a New Zealand-American footwear company, with participation from T. Rowe Price, Baillie Gifford, TDM Growth Partners, Rockefeller Capital Management, and additional new and returning investors. The Series E round will help Allbirds strategically enter new product categories while maintaining its unwavering commitment to sustainable material innovation. The capital will also continue to support the brand’s fast-growing international business and aid in the ongoing expansion of its fleet of brick-and-mortar stores.