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Bending Spoons Cofounders Join Billionaire Ranks Amid Strategic Acquisition Surge

Bending Spoons has catapulted its four cofounders into the billionaire realm this week, underscoring the firm’s rapid ascent in the tech industry. CEO Luca Ferrari now controls a stake reportedly worth $1.4 billion, while cofounders Matteo Danieli, Luca Querella, and Francesco Patarnello each command stakes estimated at $1.3 billion, according to Forbes and data from the Italian Business Register.

Acquisitions Catalyze Billionaire Valuations

The remarkable valuation surge follows a pivotal funding round that injected $270 million from heavyweight investors, including T. Rowe Price, Baillie Gifford, Cox Enterprises, Durable Capital Partners, and Fidelity, along with a $440 million secondary share sale among existing shareholders. Though details remain scarce regarding whether the cofounders divested any shares during this round, Bending Spoons has maintained a policy of silence on the matter.

Transforming Digital Assets Into Market Leaders

Far from being a conventional private equity firm, Bending Spoons employs a unique strategy: acquiring established yet underperforming tech brands and transforming them into streamlined, high-efficiency digital powerhouses. The company’s transition from developing its own apps to strategically purchasing and revamping digital properties has enabled it to underpin a portfolio that now reaches over 300 million monthly active users and 10 million paying customers worldwide. Among its high-profile deals is the recent acquisition of AOL, marking a significant milestone in its expansion strategy.

Methodical Restructuring and Strategic Overhauls

Bending Spoons consistently garners media attention not only for its transformative acquisitions but also for its decisive structural overhauls. Following the acquisitions of brands such as Evernote, WeTransfer, Meetup, Mosaic Group, Hopin’s StreamYard, Issuu, and Brightcove, the company has implemented sweeping changes—from major layoffs to alterations in product features and monetization models. Each restructuring is aimed at rejuvenating user engagement and maximizing revenue potential, while the firm steadfastly maintains that its acquisitions are designed to be long-term investments.

Financial Milestones And Future Expansion

By the end of October 2025, Bending Spoons had earned its place as one of Europe’s rare tech decacorns, boasting a valuation north of $10 billion. This success is bolstered by previous financing rounds and a marquee roster of investors and celebrity stakeholders, including Andre Agassi, Bradley Cooper, Eric Schmidt, and The Weeknd. With a fresh round of funding earmarked for further acquisitions and investments in proprietary and AI technologies, the company is poised to pursue even more substantial targets, such as the forthcoming all-cash deals for Vimeo and AOL.

A Robust Pipeline And A Global Talent Drive

The acquisition momentum shows no sign of abating. In addition to recent high-profile deals, Bending Spoons is actively expanding its talent pool to support its evolving portfolio. With its headquarters in Milan and further offices in London, Madrid, and Warsaw, the company recently reported over 600,000 job applications in 2025—a testament to its growing prestige and influence in the global tech market.

As Bending Spoons continues to reshape how digital businesses are managed and monetized, the tech conglomerate remains at the forefront of strategic acquisitions and operational transformations. Its future acquisitions, backed by substantial funding and a bold vision, promise to redefine the digital landscape for millions of users worldwide.

Women Make Up A Majority Of The EU’s Science And Technology Workforce But The Real Gap Is Elsewhere

Women now make up the majority of the EU’s science and technology workforce. According to Eurostat, in 2025, more than 81.6 million people aged 15 to 74 were employed in science and technology occupations across the EU. Of those, 52.5% were women, equal to 42.8 million women. The number of women in these occupations rose by 27.9% compared with 2015, an increase of more than 9.3 million over a decade.

On the surface, the numbers resemble progress. However, Eurostat’s category requires context before that figure can be read accurately. The data refers to HRST, or Human Resources in Science and Technology, specifically people employed in science and technology occupations. These are roles where the main tasks require professional or technical knowledge in physical and life sciences, but also in social sciences and humanities. That definition is wider and broader than engineering, ICT, laboratory science, or high-tech research alone.

Zooming In

The gender picture changes once the data moves from a wider definition of the workforce to the narrower scientist-and-engineer (research and manufacturing) subgroup.

Scientists and engineers represented almost a quarter of all people employed in science and technology in the EU in 2025. Eurostat describes scientists and engineers as often being the innovators at the centre of technology-led development, making them an important subgroup to focus on separately.

Women accounted for only 40.8% of scientists and engineers in 2025, despite making up more than half of the wider category. That share has increased by a mere 0.5 percentage points over the past decade. The absolute number of women working as scientists and engineers rose from 5.3 million in 2015 to 8.2 million in 2025, despite the push from national and international organisations to increase the number of women in the field. Europe has expanded the number of women in science and technology occupations over ten years. However, that expansion has not extended equally into the scientist-and-engineer subgroup, where much of Europe’s research and innovation work is conducted.

In 2025, of the 39.4 million women aged 25 to 64 working in science and technology occupations in the EU, 35.5 million worked in service activities. Only 2.7 million worked in manufacturing. Women accounted for 57.5% of science and technology employment in services, but only 31.3% in manufacturing.

In 2025, the highest shares of women employed in science and technology occupations were recorded in Latvia at 62.4%, followed by Hungary’s Great Plain and North region at 61.1%, Estonia at 60.5%, Poland’s Central macroregion at 60.4%, and Lithuania at 60.3%. No EU country recorded a majority of women among science and technology workers in manufacturing.

Break-down

Eurostat’s figures measure employment in broad science and technology occupations. They do not show job security, pay levels, management roles, promotion rates, research leadership, or whether women are concentrated in junior or senior workplace positions.

The classification of “senior” also requires additional explanation. Eurostat reports that 45.9% of science and technology workers aged 25 to 64 in the EU were classified as “senior” HRST in 2025. In this dataset, “senior” refers to workers aged 45 to 64. It does not mean senior manager, senior researcher, team lead, or decision-maker.

A high female share in the wider Human Resource Science and Technology (HRST) category does not parallel equal representation across scientists, engineers, manufacturing roles, senior posts, pay, research funding, or decision-making. These figures also reflect the occupational mix inside each country or region, not only structural progress across all areas of science and technology.

The Case Of Cyprus

Eurostat data places Cyprus’s overall science and technology employment at 37.2% of the labour force in 2025, slightly above the EU-27 figure of 36.9%, and above Greece at 26.8%, Malta at 33.9%, and Turkey at 18.2%. This figure covers the total share of the labour force employed in science and technology across all genders.

Progress Or Work-in-Progress?

52.5% in the broad category. 40.8% among scientists and engineers. 31.3% in manufacturing. Europe’s gender gap in science and technology hasn’t closed yet, and there is still work to be done to encourage and support more women to enter the field, especially in research and manufacturing.

Let’s not wait another decade for another couple of percentage points of hope.

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