{
  "id": 131190,
  "title": "Bending Spoons buys Airtable for $1.2bn after IPO listing",
  "url": "https://urgent.news/2026/08/04/bending-spoons-buys-airtable-for-1-2bn-after-ipo-listing",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-04T12:36:17.000Z",
  "source": {
    "name": "Silicon Republic",
    "slug": "silicon-republic",
    "url": "https://www.siliconrepublic.com/business/bending-spoons-buys-airtable-for-1-2bn-after-ipo-listing"
  },
  "original_language": "en",
  "account": "Airtable's valuation dropped from $11.7bn in 2021 following the rise of generative AI. Italy's Bending Spoons plans to acquire the US-based automation company at an implied equity value of about $2.25bn in its first deal since going public. The all-cash transaction is valued at $1.28bn. Airtable, founded in 2013, enables teams to create custom applications without coding. The platform is used by over 500,000 organizations, including 80% of the Fortune 100. Airtable was valued at $11.7bn after a $735m funding round in 2021, achieving profitability for the first time. CEO Howie Liu announced the company's intention to go public, but the emergence of AI tools has diminished Airtable's market share. Liu stated that partnering with Bending Spoons will provide the necessary resources to advance the AI-native platform. Founded in 2013, Bending Spoons acquires and revitalizes struggling digital businesses, with a portfolio of over 50 companies. The recent public listing of Bending Spoons raised $1.68bn at a valuation of $18.4bn, as investor focus shifted towards AI. The CEO of Bending Spoons, Matteo Danieli, Luca Ferrari, Francesco Patarnello, and Luca Querella, expressed their commitment to invest in Airtable for the long term and expand its capabilities across various work domains.",
  "summary": "Airtable's valuation plummeted from $11.7bn in 2021 after generative AI exploded onto the scene. 2bn after IPO listing",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Economic Times Tech",
        "title": "Bending Spoons makes first post-IPO acquisition with $1.3 billion Airtable deal",
        "url": "https://urgent.news/2026/08/04/bending-spoons-makes-first-post-ipo-acquisition-with-1-3-billion",
        "published": "2026-08-04T09:20:57.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Bending Spoons agrees to acquire Airtable in an all-cash deal valuing the US software company at $1.285B, set to close by 2026-end, its first post-IPO deal (Reuters)",
        "url": "https://urgent.news/2026/08/04/bending-spoons-agrees-to-acquire-airtable-in-an-all-cash-deal-valuing",
        "published": "2026-08-04T10:30:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}