Bending Spoons acquires Miro for $1.36B, a fraction of its 2021 peak valuation

Italian tech company Bending Spoons has agreed to acquire Miro, a workplace collaboration tools startup, for $1.36 billion. The deal marks a dramatic decline in Miro's perceived value, which had soared to $17.5 billion during a late 2021 funding round. The acquisition price represents roughly a 90% drop from that peak valuation. The deal reflects the broader correction in tech startup valuations following the highs of the pandemic-era investment boom.