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…

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