Candela was founded in 2014 by Gustav Hasselskog. Determined to find ways to make electric boats with both range and speed, he gathered a task force consisting of some of the world’s leading experts within dynamic modelling, hardware design, hydrodynamics, control theory, machine learning, image & signal processing, structural engineering and electrical machines.

At the end of 2016, a full-scale prototype was launched, reaching the target of more than 50 nautical miles per charge at a speed of 22 knots. Serial production of the world’s first electric hydrofoil boat started in 2019.

In 2020, Candela C-7 became the best-selling electric boat in Europe.