– Zola Electric, a solar energy provider, raised $90m in funding.
– The funding raised is a combination of debt and equity, $45 million each.
– The equity bit was led by TotalEnergies Ventures — the capital venture of TotalEnergies; SF-based impact VC firm DBL Partners; Africa’s largest PE firm Helios Investment Partners; Vulcan Capital, the investment arm of Paul Allen; Lyndon and Pete Rive (founders of Tesla-owned SolarCity); and New York-based utility-focused hedge fund Electron Capital Partners.
– The company plans to use the funding to expand into new markets and drive distributed renewable energy.

– Borneo is a Singapore-based real-time data security and privacy observability platform.
– Company raised $18m in Series A funding.
– The round was led by Vulcan Capital and Prosus Ventures.
– The new investment will be used to continue investing in its technology platform and customer demand.

– Seattle-based AdaptX, a startup that helps healthcare providers and systems use data from electronic medical records to inform and adjust what they do, raised $6m in Series A funding.
– The round was led by Vulcan Capital and joined by all previous institutional investors.
– The company has raised a total of more than $11m in funding.

– MaintainX, a San Francisco CA-based provider of a management platform for industrial and frontline workers, raised $39M in Series B funding.
– The round was led by Bessemer Venture Partners, with participation from Amity Ventures, Vulcan Capital, August Capital, Ridge Ventures, OldSlip Group, alongside UiPath’s founder and CEO Daniel Dines and Head of Strategy Brandon Deer.
– The company intends to use the funds to accelerate growth, expand operations and business reach.

– Picnic, a Seattle-based food automation startup, raised $16.3m in new financing.
– The round was led by Thursday Ventures and joined by existing investors Flying Fish Partners, Vulcan Capital, and Creative Ventures.
– The company is also entering a strategic culinary and chef partnership with Seattle’s Ethan Stowell Restaurants which will allow Picnic to showcase its capabilities at local activities like pop-up shops and other events.
– The company employs 25 people and plans to expand significantly over the next year, hiring in sales, marketing and engineering.

– LumaTax, a tax compliance startup, raised $4m in funding.
– The round was led by Trilogy Equity Partners and joined by Madrona Venture Group, Cowboy Ventures, Greycroft Partners, Vulcan Capital, and KPMG.

– Eat Just, Inc. announced that it has secured $200m in a new funding round led by the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar; joined by private investment firm Charlesbank Capital Partners and Vulcan Capital, the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen.
– The industry-leading food tech startup, which has raised more than $650m since its founding in 2011, will add QIA and Charlesbank to its Board of Directors.
– BofA Securities, Inc., acted as lead placement agent and ABG, LLC, advised on the investment that will be used to build capacity for Eat Just’s pioneering products; accelerate research and development programs and build its brands in key international markets.

– FutureFuel.io, a student loan repayment platform that helps borrowers pay down debt quickly and efficiently, today announced a $10m Series A1 round, bringing its total Series A funding to $21.6M.
– This latest round was led by UBS, the world’s leading global wealth management firm, with additional participation from the investing arms of established technology, financial services, and insurance leaders, including new investor Aflac Ventures, and existing investors Fiserv, and Salesforce Ventures. Fiserv, Salesforce, and UBS are also customers of FutureFuel.io, leveraging the platform to address student debt within their workplace, as an employee benefit. All previous FutureFuel.io investors also participated in this round of funding, including Rethink Impact, Vulcan Capital, Breton, SixThirty, and the Impact Engine.

– Rad Power Bikes, North America’s largest ebike brand, today announced a minority investment of $150m from Counterpoint Global (Morgan Stanley), Fidelity Management & Research Company, The Rise Fund, the global impact investing platform managed by TPG, and funds and accounts advised by T. Rowe Price Associates, Inc.
– Existing investors Durable Capital Partners LP and Vulcan Capital also participated in the round.
– The investment reflects a historic commitment to Rad Power Bikes’ vision of a world where transportation is energy-efficient, enjoyable and accessible to all.
– Rad Power Bikes will use this new funding to extend its market leadership, drive innovation, and scale retail and service offerings.