Candela
PrivateLast Round
Early Funding
Mar 18, 2026
Est. Valuation
$238M
Total Funding Raised
$119.6M
Company Overview
Candela Technology is a marine technology company that manufactures electric hydrofoil boats designed to facilitate the transition to fossil-fuel-free lakes and oceans through advanced flight control systems and fully submerged hydrofoils for silent, all-electric propulsion in leisure and public transport.
Sector
Healthcare & Life Sciences
Verticals
Medical Devices
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting, Government Contracts
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.
Candela Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Mar 18, 2026 | ||||
| Series C Extension | Nov 21, 2024 | ||||
| Series C | Mar 19, 2024 | ||||
| Series B | Mar 20, 2023 | ||||
| Series A | Dec 8, 2021 | ||||
Seed | Jan 1, 2015 |
Key People
Founding team and executive leadership
Candela Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| EQT Ventures | Series C, Series C Extension, Series B, Series A |
| Skandinaviska Enskilda Banken | Series C Extension |
| SEB Private Equity | Early Funding, Series C Extension |
| International Finance Corporation | Early Funding |
| Swedish Transport Administration | Grant |
| Region Stockholm | Grant |
| EQT Ventures | Early Funding |
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.
