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Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation

$1.36B. That's what Bending Spoons just paid for Miro — down 92% from its $17.5B peak. A cautionary tale for AI-era unicorns.

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The KeyNews take

Why it matters

A major down-round acquisition signals the end of the collaboration-tools supercycle and raises questions about which AI-adjacent startups will survive the funding freeze. For practitioners, it's a data point on where capital is flowing and which categories are retreating.

The key facts

10 to know
  1. Miro acquisition price: $1.36B

  2. Miro 2021 valuation: $17.5B

  3. Valuation decline: ~92% (characterized as 90% in headline)

  4. Buyer: Bending Spoons (acquirer focused on productivity tools)

  5. Date: September 10, 2026

  6. Bending Spoons acquires Miro for $1.36B

  7. Miro valued at $17.5B in late 2021

  8. Represents ~92% valuation decline from peak

  9. Bending Spoons is the acquirer (Italian software company known for rolling up SaaS tools)

  10. Miro is a workplace collaboration/whiteboarding platform

Go to the source

TechCrunch Startupstechcrunch.com

Publisher excerpt: Bending Spoons is buying Miro for $1.36B, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5B in late 2021.
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