Candela is an Electric Marine company founded in 2014 and based in Stockholm, Sweden.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Mar 19, 2026 | Growth (EUR 30M) | $32M | — | — |
| Nov 21, 2024 | Series C extension | $14M | — | SEB Private Equity |
| Mar 19, 2024 | Growth | $26.5M | — | Groupe Beneteau |

Maldives deploys electric hydrofoil ferry network to decarbonize inter-island maritime transport.

Candela unveils the P-12 Voyager, a luxury electric foiling vessel for premium water travel.
The C-8 is Candela's hydrofoiling electric day boat for the leisure market. Computer-controlled hydrofoils lift the hull above the water, reducing drag so the boat uses far less energy than conventional craft, runs near-silently, and produces minimal wake. Active flight control keeps the ride smooth even in chop. The C-8 has set electric-boat records, including becoming the first electric boat to cross the Baltic Sea, and is one of the best-selling electric boats on the European market, anchoring Candela's consumer lineup.
The P-12 is Candela's electric hydrofoil ferry, a roughly 30-passenger vessel built for urban public transport. Foils lift the hull clear of the water, letting it cruise at around 25 knots with low wake and a fraction of the energy of a conventional ferry. Deployed in Stockholm's public-transit network, the P-12 has roughly halved some commute times and serves as a flagship example of electric hydrofoiling applied to scheduled passenger service, with business and commuter configurations offered to other cities.
10 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.