News

March 27, 2025

Baillie Gifford writes up investment in Bending Spoons by 89%, as company raises further funding for acquisitions

The markup implies the Italian app developer and acquirer's valuation is now around $4.9bn


Amy O'Brien

4 min read

Bending Spoons CEO and cofounder Luca Ferrari.

Scottish asset management company Baillie Gifford has marked up Italian app developer and acquirer Bending Spoons by 89%, following an impressive year in which the company made six acquisitions and went from relative obscurity to a name on every fund manager's watch list.

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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