Bending Spoons announced on October 14, 2026 that Berkshire Hathaway has committed US$330 million in new funding, lifting its total ownership stake to 4%. The investment follows a US$600 million position taken during Bending Spoons' July 2026 initial public offering. The private placement highlights continued institutional confidence in the technology company's acquisition-led growth strategy.
Investment Structure and Terms
The private placement involves the issuance of 10 million ordinary shares at a purchase price of US$33.00 per share. The securities have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption. The closing remains subject to customary closing conditions, with additional details to be included in a Form 6-K filed with the Securities and Exchange Commission.
Leadership Perspectives
Luca Ferrari, Bending Spoons CEO and co-founder, described Berkshire Hathaway as one of the world's finest and most respected capital allocators and a longstanding inspiration for the company. He said the team was delighted to welcome Berkshire Hathaway as a shareholder at the public listing and to reinforce the partnership through the fresh investment. Ferrari added that the move underscores mutual respect and excitement for what lies ahead.
Francesco Patarnello, Bending Spoons Head of Business Acquisitions and co-founder, said the company continuously evaluates merger and acquisition opportunities and maintains a strong pipeline. He stated that Berkshire Hathaway's investment reflects confidence in Bending Spoons' team and platform. Patarnello added that the capital will further enhance financial flexibility and the ability to pursue attractive acquisitions as part of the broader financing strategy.
Company Strategy and Portfolio
Bending Spoons is built on the conviction that operational excellence enables efficient growth through acquisitions. It acquires digital businesses, implements deep transformations, and reinvests earnings to sustain a compounding cycle. The company has executed this strategy for more than a decade and, to date, has never sold a material business.
Its portfolio includes Airtable, AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo, and WeTransfer. The company uses AI as both a central component of its vision and a key tool in implementing transformations. Its performance is driven by a platform comprising people, proprietary technologies, and proprietary data, with a focus on talent density, cultural strength, and technical capabilities.
About Berkshire Hathaway
Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, services, and retailing. The company's common stock is listed on the New York Stock Exchange under the symbols BRK.A and BRK.B. This investment adds to Berkshire Hathaway's broad portfolio of equity stakes across multiple industries.
Strategic Context
Bending Spoons has pursued a disciplined acquisition strategy for more than a decade, acquiring digital businesses and applying operational improvements to expand earnings. The company then reinvests capital into additional acquisitions, continuing a compounding cycle. The Berkshire Hathaway investment supports this approach by strengthening the balance sheet and increasing flexibility for future deals.
The new US$330 million investment reinforces Berkshire Hathaway's position as a meaningful shareholder in Bending Spoons and adds to the company's financial resources. It provides additional capital for the technology company's acquisition pipeline and long-term strategy, supporting management's confidence in future deal flow. The transaction reflects growing institutional support for Bending Spoons' model of operational transformation and disciplined reinvestment in digital businesses.