Are wool sneakers the future of footwear? Some investors think so.
 

Are wool sneakers the future of footwear? Some investors think so.
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Investors seem to think sustainable sneakers have potential.*

Allbirds, the San Francisco-based startup that makes wool sneakers, just closed on $7.25 million in a new round of funding.*

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The ****** A round was led by Maveron, the venture capital firm co-founded by Starbucks CEO Howard Schultz. Seed investors Lerer Hippeau, Peterson Partners, Great Oaks VC, Red Sea Ventures and Slow Ventures also participated, Allbirds said.*

The $7.25 million adds to Allbirds' $4.9 million in seed funding.*

Launched last March, Allbirds makes men's and women's shoes whose main appeal is their material. The New Zealand meri** wool Allbirds uses is designed specifically *to be breathable, flexible and lightweight. The shoes are meant for casual wear, **t active use.* Read more...

More about Maveron, Starbucks, Howard Schultz, Allbirds, and Sneakershttp://feeds.feedburner.com/~r/Mashable/~4/PJeOJ4bDMfg