Candela is flying high and across the Atlantic.
The Swedishstartuphas secured $14mn, marking the close of its Series C round at a cosy $40mn.
This puts its total funding at just shy of $90mn.
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This also provides a smooth, silent ride unaffected by waves and winds.
Last month, Stockholm became the first city to adopt Candelas ferry as part of its public transport system.
Candela estimates 120 of its shuttles could replace Stockholms entire 35-strong fleet of diesel ferries.
Thats a big investment, but CEO Gustav Hasselskog is bullish on the returns.
This investment comes at a critical time for the planet, said Hasselskog in a press release.
This figure is no longer accurate.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
