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Sony-backed computing startup heads for rare IPO in sidelined London stock market

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Raspberry Pi, which makes tiny single-board computers, said in a filing that it is considering an initial public offering on the London Stock Exchange.

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.Olly Curtis | Future Publishing | Future | Getty Images Raspberry Pi, which makes tiny single-board computers, is considering an initial public offering on the main market of the London Stock Exchange. In a filing, the company said it plans to publish a registration document to make disclosures about its business as part of the IPO process.

The IPO serves as an opportunity for the Raspberry Pi Foundation, the firm's majority shareholder and a charity promoting the study of computer science, to double down on its "outstanding work to enable young people to realise their potential through the power of computing," said Raspberry Pi CEO and founder Eben Upton.

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Sony-backed computing startup heads for rare IPO in sidelined London stock marketRaspberry Pi, which makes tiny single-board computers, said in a filing that it is considering an initial public offering on the London Stock Exchange.
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