Raspberry Pi Goes Public in London IPO, Shares Jump 39%, Listed at £2.80, Raises $211 Million

Jun 11, 2024, 09:20 AM

British personal computer maker Raspberry Pi has gone public, listing its shares at £2.80 in a rare London tech IPO. The company raised $211 million and saw its shares jump by up to 39% on the first day of trading, reaching a market capitalization of £542 million. Raspberry Pi expects to ship 8.4 million PCs in 2024. The IPO is set to raise $689 million.