Published in AI

Sony throws cash at Raspberry

by on13 April 2023

AI plans

The company behind the Raspberry Pi line of computers has raised fresh investment from Sony's semiconductor unit, in a deal aimed at advancing its efforts in artificial intelligence.

Sony Semiconductor Solutions, a subsidiary of Sony Corporation, invested an undisclosed amount in Raspberry Pi, the trading company of Raspberry Pi.

The extent of the funding was not revealed, but Eben Upton, Raspberry Pi's co-founder and CEO, said that the firm raised the cash at the same $500 million valuation it was worth in a 2021 funding round when it brought in $45 million.

Upton established Raspberry Pi in 2012 to make computing more accessible to young people. Raspberry Pi's tiny single-board computers are the size of a credit card and have been used to build everything from high-altitude balloons to small radio-controlled submarines. Raspberry Pi's customers were mainly hobbyists and teachers in the early days.

The company has since become a more active player in the enterprise -- in a typical year, roughly 70 per cent of its sales now come from commercial customers embedding its products into factories or consumer devices.


Last modified on 13 April 2023
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