May 14th, TechNews: According to the report from The Sunday Times on the 11th of this month, Raspberry Pi company is expected to achieve an IPO listing within this month, with a valuation of up to 500 million pounds (approximately 45.4 billion RMB).
Raspberry Pi company, founded by Eben Upton, is well-known for its Raspberry Pi series development boards. The company launched its latest Raspberry Pi 5 last year, equipped with its self-developed RP1 South Bridge chip.
The company employed 94 employees in 2022, with a revenue of 187 million USD (approximately 13.54 billion RMB) and an operating profit of 20 million USD (approximately 1.45 billion RMB).
Sources from Manchester indicate that Raspberry Pi company is expected to go public in mid-May, but the specific timing may be delayed if the market conditions deteriorate.
The report mentions that Raspberry Pi company has already hired two London investment banks to obtain listing advice and has been releasing listing-related information to investors in recent weeks.
According to a report from The Telegraph in 2021, Raspberry Pi company planned to IPO in the spring of 2022; however, the overall semiconductor industry supply shortage at the time and the subsequent geopolitical tensions led the company to abandon the idea of going public at the time.
Nevertheless, Upton has never given up on taking Raspberry Pi company public. The founder and CEO announced at the end of January this year that preparations are underway for a London listing and a successful listing will drive the expansion of the company's non-profit sector.
Raspberry Pi company completed its last financing round led by Arm at the end of 2023, with a valuation of 560 million USD (approximately 40.54 billion RMB) at that time.