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Shoe Startup Allbirds Raises $100 Million

By
Kate Clark
· · Source: The Wall Street Journal

The shoe brand popular among tech workers and venture capitalists has raised another $100 million at a valuation of $1.7 billion, according to The Wall Street Journal . Allbirds, founded in 2014, sells sustainable shoes made from Merino wool, castor bean oil and recycled plastic and cardboard. The company raised $27 million in January but halted plans to raise additional capital after the...

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