Tech Company Financing Transactions
Candela Funding Round
Candela closed a $14 million Series C funding round on 11/26/2024. Investors included SEB Private Equity and EQT Ventures.
Transaction Overview
Company Name
Announced On
11/26/2024
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series C
Investors
SEB Private Equity (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale up P-12 production at its Stockholm facility.
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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