Candela
PrivateLast Round
VC Round
Mar 17, 2026
Est. Valuation
$238M
Total Funding Raised
$123.2M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Candela is a marine technology company that manufactures electric hydrofoil boats and ferries designed to facilitate the transition to fossil-fuel-free marine transportation through advanced flight control systems and fully submerged hydrofoils.
Sector
Mobility, Transportation & Logistics
Verticals
Electric Vehicles, Clean Transportation, Maritime & Shipping, EV Charging
Business Model
B2C
Customer Profile
Hardware Sales
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Candela Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Candela Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Mar 17, 2026 | ||||
| Series C | Nov 21, 2024 | ||||
| Series C | Mar 19, 2024 | ||||
| VC Round | Aug 13, 2023 | ||||
| Series B | Mar 20, 2023 | ||||
Series A | Dec 8, 2021 |
Key People
Founding team and executive leadership
Candela Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| EQT Ventures | Series C, Series B, Series A |
| Skandinaviska Enskilda Banken | Series C |
| SEB Private Equity | VC Round, Series C |
| International Finance Corporation | VC Round |
| Swedish Transport Administration | Grant |
| Region Stockholm | Grant |
| EQT Ventures | Series C, Series B, VC Round, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 11, 2026
Boreal AS ordered 20 electric hydrofoil vessels.
- Apr 8, 2026
Sofia Graflund appointed as the new chief executive officer.
Candela Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Candela's valuation, stock price, and market status.