Raspberry Pi, which makes tiny single-board computers, is considering an initial public offering on the main market of the London Stock Exchange.
In September, British chip designer Arm held its listing on the Nasdaq in New York, in a major blow to London's bid to attract large tech listings. The IPO is a win for the London stock market, which has been struggling to attract high-growth tech companies. A slew of major U.K. tech firms have chosen New York over London for their listings over the last year.listed in September 2023 on the Nasdaq in New York, in a major blow to London's bid to attract large tech listings. More recently, British retail tech pioneer Ocado has faced calls from investors to move its listing from London to New York, according to the Sunday Telegraph.