Oatly Group, a Swedish startup that makes plant-based milk, raised $1.4 billion in its initial public offering. The company sold 84.4 million American depositary shares priced at $17 apiece, the high end of their marketed range, giving the company a $10 billion valuation.
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Cognite, a Norwegian software-as-a-service startup that digitizes industrial operations, raised $150 million in a funding round that gave it a $1.6 billion post-money valuation. The company will use the capital to hire more staff and expand the platform.
The $750 million West Davis Corridor highway project and two other projects mark a record $1.4 billion in roadwork scheduled for spring in northern Utah. A $493 million reconstruction of US 89 and $163 million in work on Interstate 15 express lanes began last year.
London-based satellite broadband startup OneWeb has received a $1.4 billion investment from Hughes Network Systems and SoftBank Group. OneWeb said that will be enough money to finish getting a fleet of 648 satellites into orbit.
Qualcomm will buy startup Nuvia for roughly $1.4 billion in cash. The purchase will let Qualcomm use Nuvia's server chip designer and central processing unit expertise to further its progress with 5G technology.
Qualcomm Technologies agreed to acquire Nuvia, a chip startup founded by three former system-on-a-chip designers from Apple, for $1.4 billion. Nuvia, established in 2019, has chip designs that can be used in a variety of applications, including advanced driver-assistance systems, laptops, servers and smartphones.