C
Candela
Sweden · Climate tech
Candela makes electric hydrofoil ferries and leisure boats that lift above the water to reduce drag and energy use.
Product
Candela develops electric vessels for passenger transport and leisure use. Its computer-controlled hydrofoils lift the hull above the water, reducing resistance so battery-powered boats can travel farther.
The Swedish company combines carbon-fiber construction, electric motors and flight-control software in its vessels. Its P-12 ferry platform is designed for public transport operators seeking faster waterborne routes with lower energy consumption and operating costs.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Equity funding | €30M | EQT Ventures — ParticipantInternational Finance Corporation — ParticipantKanDela AB — ParticipantOcean Zero LLC — ParticipantSEB Private Equity — Participant |