Bending Spoons Secures $710 Million to Drive Expansion and Innovation
Bending Spoons, one of Europe’s most prominent technology companies, has announced that it has raised $710 million in equity funding at a pre-money valuation of $11 billion. This new round highlights growing investor confidence in the company’s long-term vision and technology-driven growth strategy.
The funding round was led by accounts advised by T. Rowe Price Investment Management, Inc., with additional participation from a strong group of global investors, including Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset Management, and Radcliff. Goldman Sachs International served as the sole placement agent for the transaction, while Clifford Chance acted as the company’s legal advisor. Notarial advisory services were provided by ZNR Notai.
A Milestone Moment
In a statement accompanying the announcement, Luca Ferrari, co-founder and CEO of Bending Spoons, reflected on the significance of this milestone for the company.
“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,” Ferrari said. “We remain early in our journey and have ambitious plans for continued investment and growth. 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.”
Ferrari emphasized that the investment marks not just financial growth but also recognition of the company’s technological achievements and business philosophy, which prioritize innovation, product excellence, and long-term scalability.
Structure of the Funding Round
The $710 million round consists of $270 million in primary capital—which will go directly into the company to support its operations and growth—and $440 million in secondary capital, providing liquidity for existing shareholders.
This equity raise follows Bending Spoons’ recent success in securing a $2.8 billion debt package from a consortium of leading global banks. Together, the debt and equity financings provide a powerful foundation for the company to execute its ambitious expansion plans.
Focus on AI, Technology, and Strategic Acquisitions
Bending Spoons plans to use these funds to advance its proprietary technologies and artificial intelligence capabilities. The company has long been recognized for its expertise in building scalable, user-focused digital products across multiple verticals. The new investment will further strengthen these efforts, allowing the company to enhance its product suite and develop next-generation solutions that leverage machine learning and automation.
In addition to internal R&D investment, Bending Spoons will continue to pursue strategic acquisitions as a key component of its growth strategy. Over the past several years, the company has built a diversified portfolio of consumer and enterprise applications by acquiring and integrating promising digital brands.
Most recently, Bending Spoons announced agreements to acquire AOL and Vimeo, both subject to customary closing conditions and regulatory approvals. The Vimeo acquisition also requires approval from the company’s stockholders. These acquisitions are expected to significantly expand Bending Spoons’ reach in the digital media and online content space, providing new synergies across its growing ecosystem of technology products.
Building a Global Technology Powerhouse
Founded in Milan, Bending Spoons has evolved from a small startup into a global leader in digital innovation. The company has developed and managed a wide array of popular apps and digital platforms, serving hundreds of millions of users worldwide. Its products span categories including photo and video editing, productivity, and health and fitness, among others.
The company’s distinctive approach combines in-house product development with data-driven optimization and a disciplined acquisition strategy. By integrating acquired businesses into its proprietary technological infrastructure, Bending Spoons has been able to achieve both rapid scalability and consistent profitability.
A Vision for the Future
With the new funding, Bending Spoons aims to accelerate its long-term vision—to become one of the world’s most impactful technology groups. The company plans to deepen its investment in AI-driven tools, cloud-based services, and creative media platforms, positioning itself at the forefront of the next generation of digital innovation.
Ferrari and his leadership team believe that the combination of robust financial backing, cutting-edge technology, and a culture centered on creativity and efficiency will enable Bending Spoons to deliver sustainable value for both users and investors.
As Ferrari noted, the $710 million raise and recent debt financing underscore the market’s trust in Bending Spoons’ direction. With a growing portfolio, a proven track record of successful integrations, and a focus on innovation, the company is poised for a new era of expansion—solidifying its position as a major force in the global tech ecosystem.
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