Renzo Rosso’s Red Circle Investments Takes Stake in Bending Spoons

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Renzo Rosso’s Red Circle Investments Takes Stake in Bending Spoons
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The Italian government last year selected Bending Spoons to design and develop the country's official COVID-19 contact tracing app, Immuni.

H-Farm and Depop, I was confirmed that to believe in innovation, in digital and in the young generation is a guarantee for success,” said Rosso, president of Red Circle Investments. “You learn new things and you change the way you do them. The world of applications is fascinating and in constant evolution: every app is a modern enterprise that stems from the solution of a problem and that is quickly perceived, especially by young people.

In a 2019 interview with Forbes, Bending Spoons co-founder Luca Ferrari stated that the name of the company derived from the movie “The Matrix.” “We loved it immediately because it captured some big ideas we believed in — and still believe in,” said Ferrari. “These are the power of the mind to do what seems impossible, like bending spoons with your thoughts, and the value of persevering to achieve those goals.”

Red Circle investments include stakes in Iconiq Capital, which invests in the technological sector; in the tech-med industry with Colmmune and Techwald, but is also active in a range of other sectors, including eyewear with stakes in Retrosuperfuture and Marcolin. It also has shares in food-tech company Cortilia; in Planet Farms, a company operating Europe’s largest vertical farm, and in high-end wine company Masi Agricoltura.

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