A key partner in the €24.5 million round is French boat maker Groupe Beneteau.
As explained, the new investment round will help to scale up production to meet demand for the recently launched Candela P-12, described as the world’s first electric hydrofoil ferry.
Globally, waterborne transport emits 3% of global GHG emissions. Still, electrification has been slow to take off across leisure and commercial vessels, due to conventional ships and boats being inefficient at high speed.
