Bending Spoons Secures $710M to Fuel Global Expansion at $11B Valuation
Italian technology company Bending Spoons has raised a total of $710 million in new financing, valuing the firm at around $11 billion . The figure combines a $270 million primary equity round , which will fund expansion and acquisitions, with a $440 million secondary transaction .
Founded in 2013 by Luca FerrariDealroom has a profile for this one. Try Dealroom → , Francesco PatarnelloDealroom has a profile for this one. Try Dealroom → , Matteo DanieliDealroom has a profile for this one. Try Dealroom → , Luca QuerellaDealroom has a profile for this one. Try Dealroom → , and Tomasz GreberDealroom has a profile for this one. Try Dealroom → , Bending Spoons has evolved from a mobile app developer into a diversified global technology group, distinguished by its hybrid model that blends private-equity discipline with a tech-company operating style .
The firm acquires underperforming but well-known digital brands, streamlines them, and restores profitability—applying the efficiency of buyouts with the speed and scalability of modern software ventures. Its portfolio includes widely used products such as Evernote , and Meetup , with a combined 300 million monthly users .
The new funding follows a year of rapid expansion and major deals, including the $1.38 billion acquisition of Vimeo and the $1.4 billion purchase of AOLDealroom has a profile for this one. Try Dealroom → . Bending Spoons has also secured $2.8 billion in debt financing to support its ongoing M&A strategy and product development.
At $11 billion, Bending Spoons is now one of Europe’s highest-valued private tech companies . While the company has not announced IPO plans, its recent momentum positions it as a potential candidate among Europe’s next major public listings.
Sources:
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