Tech Company Financing Transactions
Candela Funding Round
Candela closed a $26.8 million funding round on 3/19/2024. Investors included EQT Ventures and Ocean Zero.
Transaction Overview
Company Name
Announced On
3/19/2024
Transaction Type
Venture Equity
Amount
$26,790,000
Round
Undisclosed
Investors
Proceeds Purpose
It plans to use the money to develop its technology further and grow its sales team.
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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