Raspberry Pi gets $45M to meet demand for low-cost PCs and IoT

Raspberry Pi gets $45M to meet demand for low-cost PCs and IoT

3 years ago
Anonymous $WHrWmjSJBZ

https://techcrunch.com/2021/09/21/raspberry-pi-gets-45m-to-meet-demand-for-low-cost-pcs-and-iot/

Turns out COVID-19 lockdowns have been good for the indoor hobby of hardware hacking: The U.K.-based foundation behind the low-price microprocessor Raspberry Pi announced close of a $45 million funding round yesterday.

The cash injection into the trading arm of the (nonprofit) Raspberry Pi Foundation values it at $500 million (pre-money), founder Eben Upton confirmed.

Raspberry Pi gets $45M to meet demand for low-cost PCs and IoT

Sep 21, 2021, 5:04pm UTC
https://techcrunch.com/2021/09/21/raspberry-pi-gets-45m-to-meet-demand-for-low-cost-pcs-and-iot/ > Turns out COVID-19 lockdowns have been good for the indoor hobby of hardware hacking: The U.K.-based foundation behind the low-price microprocessor Raspberry Pi announced close of a $45 million funding round yesterday. > The cash injection into the trading arm of the (nonprofit) Raspberry Pi Foundation values it at $500 million (pre-money), founder Eben Upton confirmed.