Italian startup Bending Spoons raises €500 million in financing.

Bending Spoons , a Milan-based technology company known for its M&A operations and management of a suite of globally recognized digital products, has raised over €500 million in debt financing to further its expansion through acquisitions.

The news comes not through the publication of a press release, but with a post on Linkedin , in the middle of August.

The mega-transaction was led by JP Morgan (lead), BNP Paribas , and Crédit Agricole . They were joined by a consortium comprising Banco BPM, Bank of America, Barclays, Goldman Sachs, HSBC, Intesa Sanpaolo, Mizuho, Société Générale, and Wells Fargo.

To date, the Italian tech company has raised a total of €1 billion. This latest €500 million is complemented by an additional €100 million in financing for further investments and operational expansion. In July, the company secured a €350 million leveraged loan, again with JP Morgan, BNP Paribas, and Crédit Agricole among the main lenders.

The story

The idea for Bending Spoons was born in Denmark from four young Italians: Francesco Patarnello, originally from Padua, Luca Ferrari from Verona, Matteo Danieli from Vicenza, and Luca Querella from Turin. All are engineers, three graduated from the University of Padua and one from the Polytechnic University of Turin. The fifth member of the team, Tomasz Greber, is Polish. Founded in June 2013 in Copenhagen, it moved to Milan in 2014. Named after a character from the movie The Matrix, a boy who can bend spoons, the Italian company is now one of the world's leading mobile app developers, specializing in high-resolution photo and video editing.

The latest acquisitions

In mid-July, Luca Ferrari 's tech company acquired MileIQ , a San Francisco-based company that developed a mileage tracking app used in reporting systems. In February 2025, it completed the acquisition of the US streaming technology company Brightcove for $4.45 per share (approximately $233 million) in an all-cash transaction. The definitive acquisition agreement was signed in November 2024. Previous M&A deals included komoot, Evernote, Issuu, Meetup, Remini, StreamYard, Splice, and WeTransfer.

Bending Spoons products are currently used by more than 300 million people each month. A future stock market listing is not ruled out.