Tag: candela

  • Candela closes $40 million funding round to ‘meet demand for electric foiling ferries’

    Candela closes $40 million funding round to ‘meet demand for electric foiling ferries’

    Candela has closed a $40 million funding round to “meet demand for its electric foiling ferries”, according to the company.

    Candela raised $14 million in its Series C round, which brings the total to over $40 million in funding in 2024.

    The new investment will enable Candela to meet the “soaring demand” for its groundbreaking zero-emission vessels. (more…)

  • Berlin gets flying electric ferry

    Berlin gets flying electric ferry

    Traveling from Berlin’s eastern city center to Oberschöneweide in just ten minutes? That’s impossible by car or S-Bahn.

    However, Swedish tech company Candela announced the sale of a Candela P-12 electric hydrofoiling ferry to Funkhaus/Reederei Riedel, marking a watershed moment for zero-emission transport in Germany.

    The P-12 Shuttle electric ferry line is planned to connect the East Side Gallery, near Ostbahnhof, with the cultural hub Funkhaus. The electric hydrofoil catamaran, which can travel at 25 knots across the Spree, is the fastest electric ship in the world and the first of its kind in Germany. (more…)