Poging GOUD - Vrij

Raspberry Pi eyes 500m valuation in London PQ

Evening Standard

|

May 15, 2024

COMPUTER maker Raspberry Pi gave the London stock market a huge boost today when it became the first major British company this year to unveil plans for an IPO in the City.

- Simon Hunt

Raspberry Pi eyes 500m valuation in London PQ

The Cambridge-based business, which makes small single-board computers, said it hopes to use funds raised to invest in its sales arm to take products into more markets as well as build its design consultancy business.

The firm said it had a current total addressable market of about £17 billion, "reflecting a substantial opportunity for it to capitalise on and sustain its strong growth trajectory". Raspberry Pi is thought to be seeking a valuation of £500 million in a float.

The firm reported revenues were $266 million (£211 million) in 2023, with gross profits of $66 million and operating profit of $38 million.

CEO Eben Upton said: "A remarkable ecosystem of individuals and businesses has grown around Raspberry Pi, supporting both the enthusiast and industrial markets to innovate and succeed with our products.

MEER VERHALEN VAN Evening Standard

The London Standard

The London Standard

The philosopher who says big tech has got it wrong on superintelligence

Where does science end and philosophy begin?

time to read

2 mins

January 15, 2026

The London Standard

The London Standard

The bitter battle over the future of Truman Brewery

A £500m redevelopment plan is pitting Labour's data-centre ambitions against Brick Lane's heritage and a desperate need for housing — it's a political powder keg.

time to read

5 mins

January 15, 2026

The London Standard

The London Standard

Goldin's family album is as radical as ever

Diaries are irresistible to the nosy, an artist's one even more so. They are portals into another person's life in another time.

time to read

3 mins

January 15, 2026

The London Standard

The London Standard

Bathroom confidential: inside the calming sanctums of London's top hair and beauty experts

Fancy your own private ritual space at home? Then take a few tips from these masters of elegant self-care.

time to read

6 mins

January 15, 2026

The London Standard

The London Standard

Revival of an American classic is a luridly weird study in power dynamics

A study of two damaged brothers whose lives are disrupted by an outsider, Lyle Kessler's blend of absurdism and realism could be a Philadelphia-set companion to Pinter's The Caretaker.

time to read

1 mins

January 15, 2026

The London Standard

The London Standard

Ex-tennis star Andy Murray celebrates at Nobu, shops at Whole Foods and dates at... McDonald's

The Tube has become so much easier for me now people don't look up from their phones

time to read

3 mins

January 15, 2026

The London Standard

The London Standard

London's hottest postcodes

THE NEIGHBOURHOODS WHERE DEMAND FOR HOMES IS AT FEVER PITCH. BY ANNA WHITE

time to read

3 mins

January 15, 2026

The London Standard

The London Standard

How to style out your great winter escape

Whether it's swimming, skiing or sandalling, here's every label you need to know for a super-chic holiday wardrobe update

time to read

3 mins

January 15, 2026

The London Standard

The London Standard

Pilates queen Bryony Deery

The mind-body expert has a morning ritual, but with soundbaths and sleep supplements her evening routine is where it gets serious

time to read

3 mins

January 15, 2026

The London Standard

The London Standard

My adult gap year changed my life — I fell in love with the whole crazy world again

didn't imagine I'd meet the man I would marry in a queue for the long drop on the side of a mountain in Peru.

time to read

4 mins

January 15, 2026

Listen

Translate

Share

-
+

Change font size