Tech Company Financing Transactions
Candela Funding Round
EQT Ventures, private investors and Ocean Zero participated in a $20 million funding round for Candela. The financing was announced on 3/20/2023.
Transaction Overview
Company Name
Announced On
3/20/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The capital will see the company shift into high gear and begin mass production of its 30-passenger electric ferry in the company's Stockholm factory.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Frihamnsgatan 25
Stockholm, 115 56
SE
Stockholm, 115 56
SE
Phone
Website
Email Address
Overview
Manufacturer of electric hydrofoil boats intended to speed up the transition to fossil-fuel-free lakes and oceans. The company has combined an advanced flight control system with fully submerged hydrofoils, making their boats silently fly above the waves, enabling clients to enjoy an all-electric propulsion system for both leisure boating and public transport.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gustav Hasselskog
Chief Financial Officer
Mats Zellmer
Chief Technical Officer
Johan Wadelius
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