51756
Candela Technology AB
Oct 27, 2025
Poland
Europe
Nov 26, 2025
B - Limited
Active
Mar 27, 2026
Equity Portfolio Management
Manufacturing
Approved : Jan 12, 2026
Signed : Feb 26, 2026
Invested : Mar 12, 2026
Ship Building and Repairing
Blended Finance
The project consists of an equity investment for a minority stake in Candela Technology AB (“Candela”, or the “Company”), a company that manufactures electric foiling vessels at the forefront of electrifying marine transport. Candela is a first-mover in the space and its ferry (P-12 model) is the first electric hydrofoil to receive regulatory approval and operates in Stockholm’s public transport system. IFC is proposing up to €8 million in equity financing to support the Company’s expansion into Emerging Markets.
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Local Access of Project Documentation
Not applicable.