We’ve heard rumors for the last few months, and now it looks like they’ve come true: the business side of Raspberry Pi, Raspberry Pi Holdings has become a publicly listed company on the London Stock Exchange. After all, they’ve been spending a lot of money making new silicon, and issuing stock helps them continue. Raspberry Pi CEO [Eben Upton] said basically the same when we asked him what a floatation would mean for the Raspberry Pi Foundation, which is the non-profit arm of the Raspberry Empire, and which is responsible for a lot of the educational material and outreach that they do. Before the share issue, the Foundation wholly owned Holdings, and received donations to fund its work. Raspberry Pi Holdings Ltd is doing great business by producing niche single-board computers that appeal both to the hacker and industrial markets, and the Raspberry Pi Foundation now has a more concrete source of funding to continue its educational goals.

Source: New York Times June 12, 2024 10:00 UTC