BIG SLICE OF PI: pi-top, a London-based company that makes a Raspberry Pi-compatible laptop, has raised $16 million in a funding round led by Hambro Perks and Committed Capital.
Founded in 2014, the company last raised a Series A round in 2016. This current raise brings the company’s total funding to $22.5 million to date.
According to pi-top, its devices—including its signature laptop and a slimmer tablet—number more than 100,000 and are used in 2,000 schools worldwide. In addition to hardware, the company offers a custom operating system designed to teach kids to code and make applications using Raspberry Pis.
The new funding will be put toward growing pi-top’s Learning System, a subscription-based program that combines hardware, software and curriculum aimed at STEM, computer science classes and maker clubs. The program includes a 3-year contract with subscription prices ranging from $10,000-15,000 per year, said co-founder and CEO Jesse Lozano in a statement announcing the funding round.
