Berkshire Hathaway Invests Further $330 Million in Bending Spoons

Berkshire Hathaway Raises Its Stake in Bending Spoons

Berkshire Hathaway has invested a further $330 million in technology company Bending Spoons, the Milan-based firm announced on October 14, 2026. The investment brings the US conglomerate's total ownership stake in the company to 4%. It follows the $600 million that Berkshire Hathaway invested in Bending Spoons at its July 2026 initial public offering.

Terms of the Private Placement

The investment was undertaken as a private placement. Bending Spoons will issue 10 million ordinary shares at a purchase price of $33.00 per share. The closing of the transaction is subject to customary closing conditions, and additional details regarding the private placement will be included in a Form 6-K to be filed with the US Securities and Exchange Commission. 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.

Comments From the Company

Bending Spoons CEO and co-founder Luca Ferrari said that for decades Berkshire Hathaway has been among the finest and most respected capital allocators in the world and a longstanding inspiration for Bending Spoons. He added that the company is equally delighted to reinforce the partnership through this fresh investment, which 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 M&A opportunities and that its pipeline remains strong. He said the investment reflects confidence in the team and the Platform and will enhance financial flexibility and the ability to pursue attractive acquisitions as part of the broader financing strategy.

About Bending Spoons

Bending Spoons acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings, and reinvests in additional acquisitions. The company says it has followed this strategy for more than a decade and has never sold a material business. Its main businesses include Airtable, AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo and WeTransfer. Berkshire Hathaway and its subsidiaries engage in insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, services and retailing. Its common stock is listed on the New York Stock Exchange under the trading symbols BRK.A and BRK.B. The announcement contains forward-looking statements, and actual results and events may differ materially due to risks and uncertainties.

Sources: Business Wire · CNBC