Raspberry Pi Announces £500m London IPO
The British computer maker aims to raise funds for expansion and innovation, marking a significant tech listing for the London Stock Exchange.
- Raspberry Pi's IPO could value the company at £500 million ($630 million).
- The company plans to use the funds to expand its product range and talent pool.
- Raspberry Pi has sold over 60 million units since its first product launch in 2012.
- 72% of Raspberry Pi's sales come from industrial and embedded markets.
- The Raspberry Pi Foundation, promoting computer science education, will remain a major shareholder.