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Raspberry Pi prepares for a $630 million IPO. | Photo by Emma Roth / The Verge

British minicomputer manufacturer Raspberry Pi has announced plans to file for a UK stock market listing, saying the initial public offering would allow the company to expand its current talent pool and product offerings.

Raspberry Pi is best known for making highly affordable microcontrollers and credit card-size single-board computers — the cheapest of which costs just $15. They can be used to make all sorts of things, like smart home control hubs, DIY cameras, home media servers, and more.

A fundraising round in 2023 led by UK chip maker Arm Holdings previously valued Raspberry Pi at around £444 million (about $561 million), though that figure has since potentially risen to roughly £500 million (about $630 million) according to The…

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