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Candela

Candela

Private
StockholmMobility, Transportation & Logisticshttps://candela.com/

Last Round

VC Round

Mar 18, 2026

Est. Valuation

$238M

Total Funding Raised

$122.7M

Momentum

Top 25%

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, Public Transit

Business Model

B2C

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

electric hydrofoilelectric ferrytesla of boatshydrofoil vesselelectric boatflying boatmaritime transportelectric propulsionactive flight controlsustainable shippingclean maritimeluxury electric boathydrofoil technology

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Candela Comparables

Compare Candela with similar companies based on industry and business-model similarity.

Candela comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Navier
82%
X Shore
82%
Vessev
80%

Candela Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMar 18, 2026
VC RoundAug 12, 2025
Series CNov 21, 2024
Series CMar 19, 2024
VC RoundAug 13, 2023
Series B
Mar 20, 2023

Key People

Founding team and executive leadership

Nakul Virat

Regional CEO - India Middle East Africa

Executive Team

Johan Wadelius

Director Manufacturing Engineering (Interim), Chief Technology Officer

Executive Team

Mats Zellmer

CFO

Executive Team

Markus Gardbring

COO

Executive Team

Candela Investors

Notable investors and investment history

Candela investors
InvestorRounds
SEB GroupSeries C
EQT VenturesSeries C, Series B, Series A
SEB Private EquityVC Round, Series C
International Finance CorporationVC Round
Swedish Transport AdministrationGrant
Region StockholmGrant
EQT VenturesSeries 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.

Recent news

Latest coverage and updates

  • is_developingSep 8, 2026

    Candela Technology AB is developing electric hydrofoil vessels on Sep 4th '26.

  • receives_financingAug 20, 2026

    Candela Technology AB receives financing of $59M in round.

Candela Filings

Explore SEC and related filing metadata, where available.

Candela filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Candela's valuation, stock price, and market status.

Is Candela a public or private company?

Candela is a private company.

What is the current stock price of Candela?

Candela is a private company with no public stock price. No recent secondary market data is available.

How much is Candela worth (valuation)?

Candela's valuation is estimated at $238.0M based on funding round data.

Can I buy Candela stock?

Candela shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Candela's last funding round?

Candela's most recent funding round was Early Funding on March 18, 2026.

Who are the main investors in Candela?

Key investors in Candela include EQT Ventures, Skandinaviska Enskilda Banken, SEB Private Equity, International Finance Corporation, EQT Ventures.

Will Candela IPO soon?

No public IPO plans have been announced for Candela.

How can I track Candela secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Candela's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersStockholm
Employee Range354
Year Founded2014
Last FundingMar 18, 2026

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