Berkshire Hathaway is investing another $330M in Bending Spoons, the Italian software group that buys and fixes struggling digital businesses.
The money comes through a private placement of 10M ordinary shares at $33 each. If the deal completes, Berkshire's stake rises to 4%.
It's the second time this year Berkshire has backed the company, after putting $600M into the July IPO.
Closing remains subject to customary conditions, according to the company's Form 6-K.
Berkshire Hathaway's investments in Bending Spoons (USD, as of Oct. 14, 2026)
| Date | Deal type | Amount (USD) | Details |
|---|---|---|---|
| July 2026 | Initial public offering investment | $600M | Berkshire invested at Bending Spoons' IPO |
| Oct. 2026 | Private placement | $330M | 10M ordinary shares at $33 each; stake rises to 4% |
Bending Spoons buys broken software and rebuilds it
The company acquires digital products that have lost momentum, cuts costs, rewrites the product, and pushes subscriptions.
Its portfolio reads like a tour of the last two decades of the internet, including Evernote, Vimeo, WeTransfer, AOL, Eventbrite, Airtable, Brightcove, and Tractive.
Bending Spoons said the investment strengthens its financial flexibility and supports its acquisition strategy.
"Bending Spoons continuously evaluates M&A opportunities, and our pipeline remains strong"
Francesco Patarnello, Bending Spoons co-founder
A rare technology bet for Berkshire
Berkshire has historically leaned toward insurance, railroads, energy, and consumer brands rather than software roll-ups.
Backing a serial acquirer of unloved digital assets still fits a familiar Berkshire habit, since the firm has long favored operators who buy cheap, cut waste, and hold for the long run.
Doubling down within months of the initial public offering signals comfort with how management has deployed capital so far.
The read-through is about the model rather than the logo. Software roll-ups live or die on acquisition discipline and whether the rebuilt products keep paying subscribers.
A 4% position also leaves Berkshire well short of control, so the outcome rests on Bending Spoons' own deal-making.
The next test is what the company buys with the $330M.
