IFC committed 8 million EUR in the round. Existing shareholders also participated. The company said total capital raised since launch has reached 129 million EUR. More than 65 vessels are already on order.
About Candela
Swedish electric vessel manufacturer developing hydrofoiling electric ferries and boats for zero-emission water transport.
Stockholm, Sweden
Read Company ProfileFrequently Asked Questions
What type of funding round did Candela raise?
Candela raised a unspecified round.
How much did Candela raise in its unspecified?
Candela raised $30,000,000 EUR in its unspecified.
When did Candela raise its unspecified?
Candela raised its unspecified on 2026-03-19.
Who invested in Candela's unspecified?
The investors in Candela's unspecified are: International Finance Corporation, EQT Ventures, SEB Private Equity, KanDela AB, Ocean Zero LLC.
What type of investment was Candela's unspecified?
Candela's unspecified was a equity investment.
How will Candela use the funds from its unspecified?
Candela plans to use the funds for: finance a second manufacturing facility in Poland, expand production capacity, meet growing global demand for P-12 ferries, support global expansion.