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Evening Standard
Evening Standard
Business
Simon Hunt

Raspberry Pi hits unicorn status as IPO woos investors

Raspberry Pi has become the latest British tech company to achieve unicorn status after the computing firm wooed investors with its London flotation.

On Tuesday the The Cambridge-based business, which makes small single-board computers, priced its shares at 280p in its IPO on the London Stock Exchange, raising £166 million from the listing with the terms suggesting a valuation of £541.6 million.

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