Sweden · Maritime startup

Candela

Candela is a Swedish technology company founded in 2014 by Gustav Hasselskog.

Funding reportedLast round: Undisclosed round

MaritimeStockholm, Sweden

About Candela

Candela is a Swedish technology company founded in 2014 by Gustav Hasselskog.

The company designs and builds electric hydrofoil boats and ferries, focusing on eliminating fossil fuels from water transport. Candela combines advanced hydrofoil technology with Scandinavian design to create vessels that are faster, more efficient, and zero-emission. The company offers two main categories of vessels: professional and leisure. The leisure segment includes the Candela C-7, an electric hydrofoil sports craft, and the Candela C-8, a production daycruiser designed for comfort and performance. In the professional category, the Candela P-12 is the world's first long-range electric hydrofoil ferry, while the Candela P-8 Voyager serves as a sustainable alternative to traditional water taxis. Candela also provides customer support and ongoing improvements based on usage data, ensuring efficient operation of their vessels. The company operates from Stockholm and is actively involved in transforming urban waterways for sustainable transport solutions.

What company datasets say Candela raised

Funding, as reported

Reported in all74.1Min the source's currency
Rounds3
Last roundUndisclosed round
Last round size33M
Last round dateMar 2024
Investors listed6

On a portfolio page

Investors who name them

Each firm lists Candela on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

marine environmental impactmaritime innovationclean energy & technologyfoiling systemelectric ferriesboating industryenvironmentally friendlydistributionmanufacturinglow maintenanceshoreline preservationlong-rangeelectric boat efficiencybattery technologywave managementcharging infrastructure

Built with from their website

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Sector
Maritime
Industry code
NAICS 336611, SIC 3731
Region
Stockholm County
Revenue
7.4M a year, as listed
Full record
Every detail in the company directory

Maritime in Sweden

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