Candela Technology

Transportation ServicesSeries CStockholm, Swedencandela.com

Latest round

Series C

Last raised

Nov 2024

Total raised

$14M

Investors

3

About Candela Technology

Based in Lidingö, Sweden, and founded in 2014, Candela Technology AB provides electric boats with speed and range as fossil boats. The company is headed by its CEO Gustav Hasselskog. Candela Technology’s product line includes Candela P-30, Candela P-12, Candela C-7, Candela C-8, and Candela C–POD. Candela P-30 is a high-speed and long-range electric shuttle ship that holds a capacity of cruising for more than 20 people. Candela P-12 is an electric hydrofoil water taxi that holds a capacity of cruising for about 12 people. Candela C-7 is an active hydrofoil system watercraft that offers an almost completely silent driving experience. Candela C-8 is a cruiser with a sunroof and retractable awning that has a range of more than 50 nautical miles per charge. Candela C–POD is a boat motor designed for maximum efficiency and low drag. Candela Technology AB generates revenue from the sale of its products, such as Candela P-30, Candela P-12, Candela C-7, and Candela C-8 (starting at EUR 290,000 excluding VAT).

Who invested in Candela Technology

3 investors across 1 round

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Funding rounds

  1. Series C

    Nov 21, 2024

    Amount

    $14M

    Investors

    Locked

Questions about Candela Technology

Who invested in Candela Technology?

Candela Technology has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Candela Technology raised?

Candela Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Candela Technology last raise money?

Candela Technology's most recent round on record is a Series C, in Nov 2024.

What does Candela Technology do?

Based in Lidingö, Sweden, and founded in 2014, Candela Technology AB provides electric boats with speed and range as fossil boats.

Where is Candela Technology headquartered?

Candela Technology is headquartered in Stockholm, Sweden.

Which VCs invest in companies like Candela Technology?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back transportation services companies at Candela Technology's stage. Their profiles are linked below.

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