candela
Transportation
Candela’s electric ferries multiply as the startup lines up $25M in new funding
1:46 pm PDT • March 20, 2024
Electric boat maker Candela is approaching cruising speed with $25 million in new funding and the first commercial deployment of its new P-12 ferry in New Zealand. The company has…
The future is going to be electric, but in the air and on the water that transition is proving more difficult than on land. Candela has taken a big step…
Climate
Foiled again: Candela raises another $20M to set course for the future of ferries
1:00 am PDT • March 20, 2023
The company is taking a big bet that bigger isn’t always better, in the hope that smaller can mean faster, greener and more serviceable.
Startups
Candela’s hydrofoiling electric boats attract $24M investment in a bid for cleaner seas
10:36 am PST • December 8, 2021
Candela makes an unusual style of watercraft called a hydrofoiling boat, which glides above the sea on fins for a smoother, more efficient ride — doubly unusual, in fact, in…