The hydrofoiling Candela C-8 is the dream boat for those who seek to explore the oceans in absolute silence. And while the C-8 is sold out for 2022, it will soon be available for boat sharing in Stockholm and Mallorca through Agapi Boat Club.

Candela has announced it’s raised €24m, led by EQT Ventures, with participation from existing investor Chris Anderson, the Curator of TED. The new capital will boost the company’s already substantial cash influx from sales and will be used to triple R&D, invest in production automation and scale up the sales organisation to meet demand for Candela’s electric leisure and commercial vessels worldwide.

The Monaco Yacht Club hosted the first competition between green energy boats. Candela C-7, an electric foiling boat, is available for test drives during the event. Teams from around the world gather in Monaco this week in preparation to race their electric boats during the Monaco Energy Challenge, a competition that ‘aims to stimulate the creativity of tomorrow’s engineers and the industry to develop propulsion methods usin...