Via tech@inside.com.<\/p>\n
Low-cost computer maker Raspberry Pi went public on the London Stock Exchange today, with its shares initially priced at \u00a32.80 and rising 32% to \u00a33.70. The IPO generated \u00a3166M ($211M), making it the second-largest in Britain this year.<\/p>\n
More:<\/p>\n
The public listing valued the British microcomputer maker at nearly \u00a3542M ($689M).
\nFounded in 2012, the Cambridge-based company began as a Raspberry Pi Foundation subsidiary and is now known for making single-board computers.<\/p>\n
Raspberry Pi has sold over 60 million computers to date, with 70% bought by tech companies and manufacturers and the rest by educators and enthusiasts.<\/p>\n
Zoom out:<\/p>\n
Raspberry Pi’s debut boosts London’s struggling stock market, which has seen several companies, including Arm, choose New York for IPOs.<\/p>\n
Raspberry Pi is the first tech company to raise over $100M in London since Devolver Digital’s 2021 IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"
Via tech@inside.com. Low-cost computer maker Raspberry Pi went public on the London Stock Exchange today, with its shares initially priced at \u00a32.80 and rising 32% to \u00a33.70. The IPO generated \u00a3166M ($211M), making it the second-largest in Britain this year. More: The public listing valued the British microcomputer maker at nearly \u00a3542M ($689M). Founded in […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4633","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"yoast_head":"\n