Sweden-based Candela’s additional investment round was led by SEB Private Equity. EQT Ventures and KanDela AB participated in the investment round.
Electric boat manufacturer Candela has received an additional investment of $14 million. This investment brings the company’s Series C investment round of 24.5 million euros in March to 40 million dollars.
The Sweden-based company’s additional investment round was led by SEB Private Equity. Founded in 2014 by Gustav Hasselsko, Candela’s investment round also included EQT Ventures and KanDela AB. The company had received an investment of approximately 20 million dollars in March 2023. With the new investment, the total investment received by the Candela initiative to date has reached 88 million dollars.
Candela is defined as a company that produces electric hydrofoiling boats. The company develops sustainable solutions in maritime transportation by producing electric passenger ferries and speed boats.
