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

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

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.

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