Pico is a technology company.
Pico has raised $177.0M across 2 funding rounds.
Key people at Pico.
Pico has raised $177.0M in total across 2 funding rounds.
Pico has raised $177.0M in total across 2 funding rounds.
Pico's investors include Intel Capital, Miramar Ventures, Point72 Ventures.
Pico Technology is a UK-based technology company specializing in high-performance, cost-effective PC-based test and measurement equipment, including oscilloscopes, data loggers, and automotive diagnostic tools.[1][3][4][5] Founded in 1991, it serves engineers, technicians, educators, and professionals in electronics, research, diagnostics (automotive, EV/HV, heavy-duty vehicles), and industry by providing portable, software-defined instruments that deliver lab-grade results at affordable prices, backed by free updates, long warranties, and cross-platform support.[1][3][4]
The company solves key challenges in measurement and diagnostics by offering innovative alternatives to traditional benchtop equipment, enabling faster debugging, fault-finding, and data capture in field, lab, or production settings.[1][4] Its growth stems from a software-first approach, global distribution, ISO certifications, and expansions into RF products and automotive scopes, maintaining leadership for over 30 years.[1][3][4][6]
Pico Technology Limited was incorporated on July 3, 1991, in England and Wales (company number 02626181), with its registered office at James House, Colmworth Business Park, Eaton Socon, St Neots, UK.[1][6] Established amid the rise of PC-based instrumentation, the company quickly became a leader in PC oscilloscopes, data loggers, and automotive diagnostics by prioritizing innovation and affordability over bulky traditional gear.[1][4][5]
Key early focus was on making high-quality tools accessible, evolving from basic PC scopes to advanced series like PicoScope 2000 (budget-friendly) and 6000E (award-winning MSO models), while expanding into RF, EV/HV diagnostics, and software platforms with SDKs for automation.[3][4] Pivotal moments include achieving ISO 9001/14001 certification, building an international distributor network, and committing to quality with 2-year warranties, which solidified its reputation.[1]
Pico Technology rides the trend toward software-defined instrumentation and edge diagnostics, fueled by embedded systems growth, EV adoption, and IoT in industry/education.[3][4] Timing aligns with demands for portable, high-bandwidth tools (e.g., 6000E series for complex RF/MSO needs), as market forces like cost pressures and remote work favor PC-based over proprietary hardware.[1][4]
It influences the ecosystem by democratizing access—empowering startups, educators, and field technicians with open exports (CSV/MAT), long-duration logging, and CI/CD integrations, accelerating R&D in electronics, automotive electrification, and condition monitoring.[4] As a 30+ year pioneer, Pico counters "big box" dominance, supporting broader shifts to agile, data-driven engineering.[4]
Pico's trajectory points to expanded AI-enhanced analytics and multi-asset diagnostics (e.g., deeper EV/HV, RF for 6G prototyping), leveraging its PicoNet-like low-latency telemetry for real-time insights.[2][4] Trends like hybrid work, sustainable tech, and open-source tooling will amplify its reach, potentially via partnerships in edtech or industrial IoT.
Its influence may evolve by setting standards in affordable, portable metrology, bridging lab-to-field gaps and fostering innovation ecosystems—reinforcing its core mission of lab-grade power for every engineer.[4]
Key people at Pico.
Pico has raised $177.0M across 2 funding rounds. Most recently, it raised $140.0M Series C in December 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2020 | $140.0M Series C | Intel Capital, Miramar Ventures | |
| Feb 1, 2017 | $37.0M Venture Round | Point72 Ventures |
