About Candela
Candela is a company based in Stockholm (Sweden) founded in 2014 by Gustav Hasselskog was acquired by Stantec in February 2015. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Candela has raised $148.12 million across 7 funding rounds from investors including SEB, Stantec and Groupe Beneteau. Candela offers products and services including Candela P-12, Candela C-8, and Candela C-7. Candela operates in a competitive market with competitors including Navier, Artemis Technologies, SeaBubbles, Quadrofoil and Foilchemy, among others.
Products & Services of Candela
Candela offers a comprehensive portfolio of products and services, including Candela P-12, Candela C-8, and Candela C-7.
Electric hydrofoiling ferries are designed for urban commuting.
Electric leisure boats are built for superior experiences.
Innovative electric boats are crafted for unique performance.
Apps and channels of Candela
its YouTube channel Candela Boats has 9.65K subscribers and 30 videos.
Videos from Candela
The most watched videos on Candela's YouTube channel, Candela Boats (9.65K subscribers). Click a video to play it here.
More on Candela Boats.
Funding Insights of Candela
Candela has successfully raised a total of $148.12M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $32 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $148.12M
- Total Rounds 7
- Last Round Series D — $32M
- First Round $27.04M
(Dec 2021)
- Investors Count 8
All 7 funding rounds of Candela with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $32M | Series D | – | – | |
| Aug 2025 | $8.08M | Series C | – | – | |
| Nov 2024 | $14M | Series C | – | SEB | |
| Mar 2024 | $26.67M | Series C | – | Groupe Beneteau | |
| Feb 2024 | $20.33M | Angel Round | – | Joel Eklund | – |
| Mar 2023 | $20M | Series B | – | EQT Ventures, Joel Eklund | |
| Dec 2021 | $27.04M | Series A | – | EQT Ventures |
9 investors in total: 7 institutional and 2 angel.
Investors in Candela
Candela has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SEB, Stantec and Groupe Beneteau.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and innovation sectors. | – | eqtventures.com | - | |
EQT is recognized as a global investment organization focused on value creation. | – | eqtgroup.com | - | |
- | – | ifc.org | - | |
SEB is recognized as a leading Nordic corporate bank. | 1856 | sebgroup.com | Stockholm, Sweden | |
Boat building company | 1884 | beneteau-group.com | - | |
Ocean Zero LLC is focused on impact investments in maritime emissions reduction. | – | oceanzerollc.com | New York, United States | |
Real estate consulting services are provided to clients worldwide. | 1954 | stantec.com | Edmonton, Canada | |
JE Joel Eklund | Swedish entrepreneur, angel investor in Indian startups, based in Bangalore. | – | unknown_6738b1395f5a45e39 | - |
CA Chris Anderson | Angel investor in Indian startups, focused on tech and innovation. | – | unknown_c1b9ec57a4984b3fa | - |
Investor details for Candela
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Candela
1 people are tracked at Candela (1 in leadership).
| Name | Role | Group |
|---|---|---|
Gustav Hasselskog | Founder & CEO | Leadership |
Complete people profiles for Candela
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Candela
4 dated milestones of Candela across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Candela is founded.
- Exit Acquired by Stantec.
- Funding First funding round of $27.0M.
- Funding Latest funding round, Series D, of $32.0M.
Competitors of Candela
Candela operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Navier, Artemis Technologies, SeaBubbles, Quadrofoil and Foilchemy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| navierboat.com | 2020 | San Francisco, United States | $7.2M | 14 | Navier is focused on developing sustainable electric hydrofoiling vessels. | |
| artemistechnologies.co.uk | 2017 | Belfast, United Kingdom | – | 67 | A company focused on clean maritime transport technologies. | |
| seabubbles.com | 2016 | Lyon, France | – | – | Manufacturer of electric hydrofoil boats | |
| quadrofoil.com | 2011 | Slovenska Bistrica, Slovenia | $3.4M | – | All-electric personal hydrofoiling watercraft are developed for recreational use. | |
| foilchemy.com | 2017 | Gipuzkoa, Spain | – | – | Electric hydrofoils are manufactured and custom-designed for maritime transport. | |
| jetcycle.fr | 2020 | Chavanod, France | – | – | Hydrofoil-based paddle boats are manufactured for water sports and leisure. | |
| humphry.de | 2017 | Berlin, Germany | – | – | Electric boats are developed by Humphry Marine in Berlin. | |
| thejet.tech | 2021 | Geneva, Switzerland | – | – | Offers hydrogen-powered boats for luxury tours and public transport worldwide. |
Detailed competitors of Candela
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Candela
The website of Candela (candela.com) receives about 41.4K visits a month and ranks #874,035 among all websites worldwide, #392 in Boats.
- Monthly visits41.4K
▲ 15% vs previous month
- Unique visitors16.1K
per month
- Global rank#874,035
among all websites
- Category rank#392
Vehicles · Boats
- Bounce rate40%
- Pages per visit1.7
- Average visit20 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Candela. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
nauticexpo.es | nauticexpo.es | 100% | – | #677,172 | – |
plugboats.com | plugboats.com | 96% | – | #1,275,643 | – |
hanseyachts.com | hanseyachts.com | 95% | – | #990,041 | – |
greenlinehybrid.com | greenlinehybrid.com | 94% | – | #2,160,617 | – |
| e-surfer.com | 92% | 40.7K | #952,562 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Candela
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Candela
Complete news archive for Candela
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Candela
10 companies that operate in the same segment as Candela (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Candela
Candela was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Candela is headquartered in Stockholm, Sweden.
Gustav Hasselskog is the current CEO of Candela. They have also founded this company.
Candela is a funded company, having raised a total of $148.12M across 7 funding rounds to date. The company's 1st funding round was a Series A of $27.04M, raised on Dec 2021.
Candela is engaged in the development and production of hydrofoiling electric boats and ferries, aimed at revolutionizing sustainable water travel. The company operates in the maritime transport sector, offering zero-emission vessels for urban commuting and leisure. Innovative hydrofoil technology is utilized to reduce energy consumption by 80, ensuring silent, fast, and efficient travel. Solutions are provided for public transport, shuttle services, and private clients, with operations spanning cities like Stockholm, Gothenburg, Mumbai, and beyond. Environmental benefits and cost reductions for operators are prioritized, contributing to fossil fuel-free transport systems.
Candela's top competitors include Artemis Technologies, Navier and SeaBubbles.
Candela offers Candela P-12, Candela C-8, and Candela C-7.
Candela has 9 investors. Key investors include SEB, Stantec, Groupe Beneteau, EQT Ventures, and Joel Eklund.
Candela operates through Candela Technology Ab.
Yes. Candela was acquired by Stantec in February 2015.