Announced
Completed
Financials
Sources
Tags
United States
Footwear
Private
Friendly
Venture Capital
footwear company
Acquisition
Completed
Minority
Cross Border
Private Equity
Single Bidder
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.