London-based computing and learn-to-code startup pi-top has closed a £3.5million ($4.3M) Series A round of funding, led by Hambro Perks and with Committed Capital also participating. The startup — which began life as a student project in 2014 to 3D print a Raspberry-Pi powered laptop, turning into a crowdfunding campaign for a laptop housing kit for the low cost microprocessor — has now raised more than £4.9M in total, and grown its team from two to 26 in just 18 months. Pi-top closed a £1.3M seed last December, and also took in more than $410,000 via Indiegogo to fund building its two Pi-powered products: the original pi-top laptop, and the more affordably priced pi-topCEED desktop computer. Both products shipped to backers, with the latter arriving pretty much on schedule last May — and the original pi-top taking a little longer, but shipping before the end of 2015. They’ve sold a total of 11,000 pi-tops ($265 + a Pi) and just over 10,000 pi-topCEEDs ($115 + a Pi) to date, according to co-founder Jesse Lozano, with most sold in the last six months as the team has ramped up in size. As well as the hardware for housing the low cost Raspberry Pi microcomputer, the team makes software designed to make learning to code simpler and more fun for a target age range of roughly 10- to 16-year-olds. Both devices… Read full this story
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