Candela

Candela has secured €30 million in a funding round led by existing investors including EQT Ventures and new participation from the International Finance Corporation, bringing its total capital raised to €129 million.

Summary of transaction details:

• Value: £25.5 million
• Sector: Logistics & Transport
• Advisor: N/A
• Key Entities: Candela, EQT Ventures
• Location: Poland

Note: The capital will fund a new manufacturing facility in Poland, enabling scaling of hydrofoil ferry production to meet rising demand driven by volatile fuel prices and decarbonisation pressures in maritime transport.