Raspberry Pi

In a major secondary market transaction, the Raspberry Pi Foundation has sold a 5.6% stake in the publicly listed miniature computer manufacturer for £60 million. Strategic shareholder Arm (via its subsidiary Arm Technology Investments 2 Limited) was the primary buyer, investing £50 million in the placing.

Summary of transaction details:

• Value: £60 million Total Placement (£50 million invested by Arm)
• Stake: 5.6% of issued share capital (Priced at 550p per share)
• Sector: Hardware / Computing
• Advisor: Not disclosed
• Key Entities: Target: Raspberry Pi; Lead Buyer: Arm Technology Investments 2 Limited; Seller: Raspberry Pi Foundation
• Location: Cambridge, UK

Note: Raspberry Pi went public in 2024 with an IPO price of 280p and currently holds a market cap of approximately £1.14 billion. Following this £60 million divestment, the Raspberry Pi Foundation continues to hold a 41% stake in the business. Both headquartered in Cambridge, Arm and Raspberry Pi have a deeply intertwined history. Originally known as a massive success in the education sector and a favorite among hobbyists, Raspberry Pi is rapidly maturing into broader commercial and industrial computing applications. This strategic £50 million top-up from SoftBank-backed Arm solidifies their ongoing hardware partnership.