Home ยป Raspberry Pi readies for IPO on London Stock Exchange, valuation at 630 million pounds.
Categories

Raspberry Pi readies for IPO on London Stock Exchange, valuation at 630 million pounds.

  • Posted byby

Financial Times reports that Raspberry Pi is preparing to file for an IPO on the London Stock Exchange, with plans to publicly disclose documents soon.

According to Financial Times, insiders estimate the company’s value at around $630 million, higher than the $560 million valuation from a fundraising round last year that saw investment from Arm.

Currently, Raspberry Pi LTD is a subsidiary of the Raspberry Pi Foundation, with the foundation retaining ownership stakes post IPO.

Source: Financial Times

TLDR: Raspberry Pi is gearing up to go public, with a potential valuation higher than previous estimates, under the ownership of the Raspberry Pi Foundation.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Categories

Unprecedented EA FC Pre-Orders Eclipse FIFA 23 by an Astounding 25%, FIFA Rakes in Staggering $150 Million Annual Brand Fee

  • Posted byby
  • October 3, 2023
  • 0 Comments
Categories

Ready for an exquisite investment opportunity? OpenAI ventures into a groundbreaking new realm, offering emerging investors a chance to claim part of their extraordinary enterprise valued at a staggering $9 billion!

  • Posted byby
  • September 27, 2023
  • 0 Comments
Categories

Reddit Reveals Business Valuation Estimated at Approximately $6.5 Billion from IPO.

  • Posted byby
  • March 1, 2024
  • 0 Comments