Candela raises more cash scaling their flying electric ferries as global demand surges
March 20, 2026
Electric hydrofoiling boat maker Candela just pulled off something that’s getting harder to do in today’s climate tech landscape: raise a significant new round of funding – and do it while the rest of the sector is cooling off.
The Swedish company announced a €30 million raise, bringing its total funding to €129 million and cementing its position as one of the best-funded electric…