Raspberry Pi Confirms $40 Million IPO for June

The UK-based computing firm aims to enhance its supply chain and engineering capabilities with the funds raised.

Raspberry Pi will list on the London Stock Exchange, marking a significant milestone for the company.
The IPO will include both new shares and existing shares from key shareholders like Arm and Lansdowne Partners.
Funds will be used for engineering projects, supply chain improvements, and general corporate purposes.
Raspberry Pi has sold over 60 million units globally and continues to drive innovation in affordable computing.
The company values its educational mission, having generated significant dividends for the Raspberry Pi Foundation.