Berkshire Hathaway backs software consolidator Bending Spoons with investment

Berkshire Hathaway invested 330 million dollars in Bending Spoons as the company's shares rose 41 percent, according to The Daily Hodl. CNBC Tech and The Tech Buzz reported that the backing provides support for the software firm less than four months after its initial public offering on the Nasdaq in New York on July 1, 2026. [1][3][4]

CNBC Tech reported that the Milan-based firm operates as a holding company for internet assets including AOL, Vimeo, Eventbrite, and Evernote. The outlet added that Bending Spoons is acquiring former high-flying software startups that have been displaced during the artificial intelligence boom. [1]

Berkshire Hathaway is an American multinational conglomerate holding company based in Omaha, Nebraska. Greg Abel became chief executive officer at the beginning of 2026, succeeding Warren Buffett, who retains a 38.4 percent stake in the Class A voting shares. [6]

The investment gives Bending Spoons additional backing from a major global holding company as it executes its acquisition strategy for older internet properties and software businesses, CNBC Tech and The Tech Buzz reported. [1][3]