Bending Spoons Raises $710M for Continued Investment and Growth

9 hours ago 3

Article content

MILAN — Bending Spoons, one of Europe’s leading technology companies, today announced it has raised $710 million in equity at a pre-money valuation of $11 billion. The round was led by accounts advised by T. Rowe Price Investment Management, Inc., with participation from Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset Management, and Radcliff, among others. Goldman Sachs International acted as sole placement agent and Clifford Chance served as legal advisor to the transaction. Notarial advisory services were provided by ZNR Notai.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Article content

“This moment is a validation of a decade’s worth of work and it serves as an important recognition of what we’ve accomplished at Bending Spoons so far. We remain early in our journey and have ambitious plans for continued investment and growth,” shares Luca Ferrari, co-founder and CEO of Bending Spoons. “We’re proud to bring on some of the world’s finest investors who believe in our approach to value creation and future opportunity set.”

Article content

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

The round comprises $270 million in primary capital and $440 million in secondary capital. Bending Spoons also recently secured a $2.8 billion debt package from leading global banks. The company plans to deploy these resources to further develop its proprietary technologies and AI capabilities, and to pursue new acquisitions that expand its portfolio of consumer and enterprise digital products. In the past two months alone, Bending Spoons has entered into agreements to acquire AOL and Vimeo, subject to customary closing conditions and regulatory approvals, including, in the case of Vimeo, approval by its stockholders.

Article content

About Bending Spoons

Article content

Bending Spoons acquires and transforms digital businesses.

Article content

It owns Brightcove, Evernote, komoot, Meetup, Remini, StreamYard, WeTransfer, and many others. The company’s products have served more than a billion people, with over 300 million monthly active users and 10 million paying customers, including most Fortune 500 enterprises.

Article content

Bending Spoons aims to hold forever, and has never sold an acquired business.

Article content

After an acquisition, the company typically invests in an ambitious effort to overhaul the technology, redesign the user interface, accelerate the release of new features, optimize marketing and monetization, and rearchitect the organization for improved long-term performance.

Article content

At the company’s core is a relentless focus on talent density and workplace excellence.

Article content

Bending Spoons has received more than 600,000 job applications in 2025 alone, with a 0.04% job offer rate, and has numerous first-place finishes in Great Place to Work awards.

Article content

For more information, visit bendingspoons.com
Bending Spoons logos and photos: https://we.tl/t-NXGPsC6Gtn

Article content

Article content

Article content

View source version on businesswire.com:

Article content

Article content

logo

Article content

Contacts

Article content

Article content

Read Entire Article