Bending Spoons to buy Airtable for $1.28B

In its first acquisition since going public last month, Bending Spoons on Tuesday said that it has agreed to buy spreadsheet and database startup Airtable for $1.28 billion in cash.

Founded in 2013, Airtable has so far raised over $1.4 billion over multiple funding rounds. At its peak, during the boom days of 2021, it was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.