On October 14, 2026, Berkshire Hathaway announced a $330 million investment in Bending Spoons, a digital company headquartered in Milan. The money was delivered through a private placement of ordinary shares, marking another step in the conglomerate’s growing interest in the firm.
The transaction involved the issuance of ten million ordinary shares at a price of $33 per share. This placement raised Berkshire Hathaway’s ownership in Bending Spoons to 4 % of the company’s equity, according to the disclosure.
Bending Spoons skyrockets 35% as Berkshire Hathaway makes $330 million investment https://t.co/5QOKNgtAvs
Bending Spoons was founded by Francesco Patarnello. Its core business model revolves around acquiring other technology companies and then optimizing their operations to lift profitability. Over time the firm has assembled a portfolio that includes well‑known names such as AOL, Komoot, Vimeo, Evernote, WeTransfer, Eventbrite and Airtable.
News of the fresh capital injection was met with enthusiasm by investors.
The $330 million infusion follows an earlier $600 million investment made by Berkshire in July. The timing also coincides with a leadership change at the conglomerate, as Greg Abel took over as chief executive officer from Warren Buffett.
Bending Spoons skyrockets 35% as Berkshire Hathaway makes $330 million investment https://t.co/tRVI7XfKXl
News of the fresh capital injection was met with enthusiasm by investors. Bending Spoons’ shares climbed 35 % in trading, signaling market confidence in the deal’s prospects.
Patarnello stated that the investment reflects confidence in Bending Spoons' team and platform and will enhance its financial flexibility. He added that the additional capital will strengthen the company's ability to pursue attractive acquisitions as part of its broader financing strategy.
Bending Spoons skyrockets 35% as Berkshire Hathaway makes $330 million investment - Berkshire's latest investment follows the $600 million it invested in the company's IPO this July. Via @CNBC: https://t.co/plQtrnNBxK
The proceeds are earmarked to strengthen Bending Spoons’ financial flexibility and to support its acquisition pipeline. With the additional capital, the company says it will be better positioned to pursue further deals that fit its strategy of buying and improving tech businesses.