BENDING SPOONS RAISES $1.68B IN US IPO

AI DESK■ 1 MIN READ

WED, JUL 1, 2026

■ AI-SUMMARIZED FROM 5 SOURCES ▸ TIMELINE

Bending Spoons, the Italian software acquirer that owns Vimeo, raised $1.68 billion in a US initial public offering, pricing 58 million shares at $29 each and valuing the company at approximately $18.4 billion.

The offering, which included shares sold by backers alongside new capital raised by the company, priced above its marketed range. The IPO marks one of the largest US listings by a European company in 2026. Bending Spoons has built its business model around acquiring struggling software companies and turning them around. The acquisition of Vimeo, a video hosting and creation platform, represented a major addition to its portfolio. The pricing at $29 per share exceeded initial expectations, reflecting investor confidence in the company's strategy and Vimeo's market position. The $1.68 billion raised will support further acquisitions and operational expansion. The IPO comes amid renewed activity in software M&A and a recovery in public markets for technology companies.

■ SOURCES

► Bloomberg Tech ► Techmeme ► Bloomberg Tech ► Bloomberg Tech ► Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BUSINESS DESK

P680AUSTRALIA PUSHES SMART GLASSES MAKERS ON FACE BLUR

Australia's online safety regulator is urging smart glasses manufacturers to automatically blur faces in recordings and improve transparency about when filming occurs, as lawmakers consider a potential ban.

1H AGO— Industry Desk

P675DATACENTER BACKLASH COULD RESHAPE US POLITICS

Grassroots opposition to datacenter expansion is uniting Americans across political lines, potentially creating a new political fault line around corporate power and local autonomy.

2H AGO— Industry Desk

P673QUANTUM COMPUTING RACE BECOMES GLOBAL POWER STRUGGLE

Nations and tech companies are competing intensely to build quantum computers, transforming the technology into a geopolitical battleground with implications for cybersecurity, finance, and scientific research.

2H AGO— Security Desk

P672CHESS.COM EXPANDS INTO POKER WITH GAMBIT LAUNCH

Chess.com, the dominant online chess platform, has launched Gambit, a free poker site currently in beta. The move marks the company's first major expansion beyond chess in nearly two decades.

3H AGO— Industry Desk

◄ BACK TO NEWS

BENDING SPOONS RAISES $1.68B IN US IPO

■ MORE FROM THE BUSINESS DESK

■ SUBSCRIBE TO THE DAILY BRIEF