Raspberry Pi maker mulls £300m London itemizing

The organisation is known to be holding a magnificence parade of bankers within the coming weeks, though it might discover different choices as a substitute of an inventory to lift capital.

Dr Upton informed The Sunday Telegraph: “We regularly take a look at choices for funding the potential future development of our enterprise.”

An IPO can be a defining second for one of many UK’s largest tech success tales, with business arm Raspberry Pi Buying and selling promoting 38m models since launching eight years in the past.

Such a transfer comes as institutional buyers look to channel their funds in the direction of corporations with sturdy environmental, social and governance methods. Raspberry Pi may be a part of the military of corporations pursuing London floats, with digital tagging agency Buddi, on-line interest retailer LoveCrafts and furnishings vendor Made.com additionally eyeing IPOs.

Raspberry Pi turned an in a single day success in 2012 when the primary system went on sale and bought out instantly.



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