Electric vehicle producer Ola Electric has tripled its valuation to $3bn in just two years having secured its latest funding in a round co-led by SoftBank.

Schneider Electric and General Electric have returned to back the Invenergy-sponsored venture firm’s second vehicle, alongside LPs including American Electric Power, Equinor and Xcel Energy.

Commonwealth Bank of Australia took part in a round which lifted the ESG-focused marketplace's overall funding to $175m.

The Continental Grain-backed animal-free dairy protein producer’s latest round valued it at $1.5bn and lifted its overall funding to $750m.

The TAL Education-backed online tutoring platform developer achieved unicorn status with a round hiking its overall funding to about $295m.

The construction group’s Growth Accelerator has added a third 12-week virtual scheme, called IgniteX Climate Tech Accelerator.

GV topped up its investment in the plant-based dairy producer, helping it increase its overall funding to over $220m.

Eat Just’s cultured meat subsidiary secured the funding from new and returning backers four months after a $170m tranche of the round.

Liberty Mutual, Copec, National Grid, Evergy, Centrica and Avista all contributed to a round taking the solar maintenance technology developer's total funding to at least $53m.

Mercuria Energy Trading contributed to a round which will support the international growth of the lithium-extraction technology developer.