Italy’s Bending Spoons Eyes Deals After New Fundraising Round

Feb. 15, 2024, 8:50 AM UTC

Bending Spoons SpA, one of Europe’s largest mobile app developers, is looking for acquisition targets after a fund-raising round valued the company at about $2.6 billion, people familiar with the matter said.

The Italian company raised $155 million from a group of investors including Baillie Gifford, Neuberger Berman-backed NB Renaissance, as well as Durable Capital Partners, the people said asking not to be identified discussing private information.

Bending Spoons, which bought note-taking app Evernote Corp. in 2022, will use the funds to scout for deals globally, the people said. The Milan-based company raised $100 million last ...

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