Allbirds is selling for $39M. It raised nearly 10 times that amount in its IPO.
The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.
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After sale of its shoe business, Allbirds pivots to AI
Allbirds is ditching wool sneakers for AI servers, rebranding as NewBird AI after locking in a $50M convertible financing facility.
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The CEO of Allbirds’ new AI biz has a plan. Now she needs a “brand-new team”
Call it a startup with a sole founder and a very large seed round, but what’s next is less clear.
