General Electric's involvement in the fundraising helps take the amount raised by the electric car company to more than $750m since 2007.
US-based conglomerate General Electric has joined the large group of investors backing US-based electric car company Better Place.
The Series C round nearly doubled the company’s valuation to $2.25bn since its last financing in January 2010, and take the total venture funding Better Place has raised past $750m.
Better Place operates a network and stations to recharge the batteries of electric cars.
Other backers of the round were Ofer Group, the Israel-based holding company, UBS, the Switzerland-based bank, Israel…