The Milanese startup Bending Spoons closes a 200 million round and buys an American company
Jan 27, 2024•over 1 year ago
Amount Raised
$200 Million
Investors
TipNb RenaissanceCox EnterprisesBaillie GiffordDurable Capital
Description
Bending Spoons announced a 200 million dollar funding round, with participation from current partners and Californian venture fund Durable Capital, along with other investors including Baillie Gifford, US Cox family, NB Renaissance, and Tip. The company also made two acquisitions, one of Mosaic Group and the other of Meetup, the social network with 60 million members. Bending Spoons CEO Luca Ferrari also mentioned plans for the company's future.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech