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Bending Spoons raises $710mn at $11bn valuation to fuel AI and product expansion

Posted on October 30, 2025October 30, 2025
bending spoons

MILAN – Bending Spoons, one of Europe’s leading technology companies, announced today that it has raised $710 million in equity, based on a pre-money valuation of $11 billion.

This funding 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 the sole placement agent, and Clifford Chance acted as the legal advisor for the transaction. Notarial services were provided by ZNR Notai.

“This moment represents the culmination of ten years of work and is a testament to the recognition of our achievements at Bending Spoons. This is just the beginning of our adventure, and we have ambitious investment and growth plans,” explained Luca Ferrari, Co-founder and CEO of Bending Spoons.

“We are proud to welcome renowned investors who believe in our value-creation approach and in our vision for future prospects.”

This funding round includes $270 million in primary capital and $440 million in secondary capital. Bending Spoons also recently secured $2.8 billion in financing from major international banks.

The company plans to use these resources to further develop its proprietary technologies and artificial intelligence capabilities, and to finalize new acquisitions to expand its portfolio of digital products for consumers and businesses. Over the past two months, Bending Spoons has reached agreements to acquire AOL and Vimeo, subject to customary closing conditions and regulatory approvals, including, in the case of Vimeo, approval from its shareholders.

About Bending Spoons

Bending Spoons acquires and transforms digital businesses. Its portfolio includes Brightcove, Evernote, Komoot, Meetup, Remini, StreamYard, WeTransfer, and many other entities.

The company’s products have already served over one billion people, with more than 300 million monthly active users and 10 million paying customers, including most of the companies in the Fortune 500 ranking.

Bending Spoons is committed to retaining its acquisitions and has never divested any of the companies it has purchased. Following an acquisition, the company typically invests in ambitious projects aimed at overhauling the technology, rethinking the user interface, accelerating the launch of new features, optimizing marketing and monetization, and reshaping the organization to improve its long-term performance.

A constant focus on talent density and workplace excellence is central to the company. Bending Spoons received over 600,000 applications in 2025 alone, with a job offer rate of 0.04%, and has won numerous first-place rankings in the Great Place to Work survey.

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