Candela designs and manufactures hydrofoiling electric boats and ferries that achieve high speeds and long ranges while reducing energy consumption by 80%. Their vessels provide zero-emission transport solutions that are faster, quieter, and more cost-effective than traditional fossil fuel-powered boats.
Funding
$14M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Conventional boats and ferries consume significant amounts of fossil fuels, resulting in high operating costs, noise pollution, and harmful emissions that contribute to climate change. Traditional waterborne transportation often suffers from inefficiencies, limiting speed and range while compromising passenger comfort.
Solution
Candela designs and manufactures hydrofoiling electric boats and ferries that dramatically reduce energy consumption and environmental impact. By lifting the hull above the water, Candela's hydrofoil technology minimizes drag, enabling long-range, high-speed operation with 80% less energy compared to traditional vessels. These electric boats offer a silent, comfortable, and cost-effective alternative for both commercial and recreational use, revolutionizing sustainable water travel.
Target Audience
The primary target audience includes public transportation operators, shuttle service providers, private clients seeking bespoke transport solutions, and individuals interested in high-performance electric leisure boats.
Features
- Hydrofoil technology that reduces energy consumption by 80% compared to conventional boats
- Electric propulsion system for zero-emission operation and reduced noise pollution
- Candela C-POD, a quiet and power-dense marine motor
- High-speed capabilities for faster commuting and reduced travel times
- Long-range performance, making electric boats viable for various applications
- Applications for public transport, shuttle services, and private leisure