fromBusiness Matters
2 days agoCandela raises 30m as electric ferries gain momentum amid fuel price surge
The funding round, the company's largest to date, brings total capital raised to €129 million and cements Candela's position as the best-funded electric vessel manufacturer globally. The round was backed by existing investors including EQT Ventures, SEB Private Equity, KanDela AB and Ocean Zero LLC, alongside a new €8 million investment from the International Finance Corporation (IFC), part of the World Bank Group.
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