“Raspberry Pi is hoping to use that cash to pay more engineers, bring aspects of its semiconductor design process in-house, and introduce new, more expensive product variants”
Raspberry Pi is heading for a London listing at a reported £500 million valuation, up from £444 million in the 2023 round led by Arm. The cheapest board costs $15. The stated goal for the IPO money includes more expensive products. The company built to make computers affordable for kids is telling shareholders the plan is higher prices.