Series C · Mobility & Transport · Stockholm, Sweden · Founded 2014 · 200–320 employees
Candela is the world leader in electric hydrofoil boats and ferries, revolutionizing marine transportation with vessels that fly above water and use 80% less energy than conventional ships. The company has successfully launched the world's first electric hydrofoil ferry service in Stockholm's public transport system, cutting travel times in half while reducing emissions by 95%. Founded in 2014 by Gustav Hasselskog, Candela has raised over €70 million in funding including a €25 million Series C round in 2024 from major investors like Groupe Beneteau and EQT Ventures. With orders from Saudi Arabia, Berlin, New Zealand and other global markets, the company produces both recreational boats and commercial ferries at its Stockholm factories.