Wednesday, May 22, 2024

Cambridge-based Raspberry Pi confirms plans for a London Stock Exchange IPO, aiming to raise $40M and listing in June, and reports $265.8M in 2023 revenue (Thyagaraju Adinarayan/Bloomberg)

Thyagaraju Adinarayan / Bloomberg:
Cambridge-based Raspberry Pi confirms plans for a London Stock Exchange IPO, aiming to raise $40M and listing in June, and reports $265.8M in 2023 revenue  —  - Set to sell $40 million in new shares and list on main market  — Arm and Lansdowne Partners are cornerstone investors in IPO



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...