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Electric waterborne transportation is here to stay

Candela was founded in 2014 by Gustav Hasselskog when inspired by the likes of Tesla, he was struck by how regular gasoline boats are disastrously destructive to the environment and unnecessarily expensive to operate.

This insight sparked a period of 5 years of R&D, during which Gustav and the team cracked the formula behind the world’s first electric boat that can compete with fossil fuel boats when it comes to speed and range. Batteries contain a limited amount of energy, but since the hydrofoils allow for a reduction of the energy consumption by ~75%, the electrification of boating is enabled, without compromise.

Currently, were are not looking for additional investments, having just recently closed a round with EQT Ventures as the lead investor.

Register your interest

Candela is currently not looking to take in additional capital but we are always open to potential collaboration. If you would like to be informed regarding future funding rounds or discuss a collaboration, please leave your details and you will be contacted in due time.

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