‘Thrilling instances’ as Raspberry Pi welcomes its $45m traders

“Thrilling instances” mentioned Eben Upton as Raspberry Pi (Buying and selling) closed a $45m funding spherical led by London-based Lansdowne Companions and The Ezrah Charitable Belief.

Astronaut Tim Peake with Raspberry Pi on the International Space Station
Astronaut Tim Peake with Raspberry Pi on the Worldwide House Station

The CEO and co-founder of the entry-level pc was talking because the Cambridge firm – which has raised £30m in charitable reward help thus far – introduced its new fundraise, which follows an prolonged interval of rising demand for its merchandise throughout lockdown.

Raspberry Pi was based in 2008 to design very low-cost, high-performance computer systems to broaden entry to computing, particularly for younger individuals. At the moment, Raspberry Pi ships 7m units a yr for colleges and for industrial IoT purposes, and has generated £30m in charitable reward help to the Raspberry Pi Basis. Gross sales at the moment are at 42m models to greater than 100 nations.

Eben mentioned: “We're seeing sturdy demand from shoppers as they use our PCs to entry the web for work and leisure, and even sooner development from industrial corporations globally as they design Raspberry Pi into their revolutionary IoT purposes.”

“We're happy to welcome Lansdowne Companions and The Ezrah Charitable Belief as our first outdoors shareholders to assist us obtain the subsequent steps in our development,” mentioned Eben in an announcement.

Eben Upton in the Raspberry Pi shop in the Grand Arcade for the launch of the new Raspberry Pi 4. Picture: Keith Heppell
Eben Upton within the Raspberry Pi store within the Grand Arcade for the launch of the brand new Raspberry Pi 4. Image: Keith Heppell

“We're seeing sturdy demand from shoppers as they use our PCs to entry the web for work and leisure, and even sooner development from industrial corporations globally as they design Raspberry Pi into their revolutionary IoT purposes. This funding will allow us to scale to fulfill future demand.

“Our new traders is not going to solely add worth to our technique and assist assist our development however additionally they perceive the rationale and ethos of our enterprise mannequin, aimed toward enabling entry to {hardware} and software program instruments for everybody and delivering a shopper PC expertise from solely $35 in addition to constructing partnerships with a rising vary of OEMs internationally.”

Rapberry Pi began – just like the ZX81 and Spectrum created by Cambridge-based Clive Sinclair – by interesting to the hobbyist market an has expanded unrelentingly ever since.

Eben instructed the Cambridge Unbiased to anticipate scale-ups. He mentioned: “Within the quick run we’ll be investing extra closely in provide chain and manufacturing to fulfill rising demand for our merchandise. Within the longer-term, this funding will enable us to scale up our Cambridge-based design group to develop our product providing – thrilling instances!”




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