Raspberry Pi plans a £157M IPO on London's market, its largest since Air Astana's in February.

Raspberry Pi, the UK's personal computer maker, plans to raise £157 million ($200 million) in an IPO on London's market, which has seen only 2% of Europe's $12.6 billion IPOs this year. The company targets to use proceeds for engineering capital expenditure, supply chain resilience, and general corporate purposes. This marks the biggest IPO in London since Air Astana JSC's listing in February.