Candela's hydrofoil electric boats get $20 million financial boost
Swedish tech company Candela has raised $20 million for its electric hydrofoil technology to help operators switch to sustainable electric vessels.
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Swedish tech company Candela has raised $20 million for its electric hydrofoil technology to help operators switch to sustainable electric vessels.
The company is taking a big bet that bigger isn’t always better, in the hope that smaller can mean faster, greener and more serviceable.
The electrification of the yachting industry is slower than with the automotive branch, but it’s happening nonetheless. ZEN Yachts, a relatively ne...
Ocean Zero sponsored this entirely to fund the continuation of production for ZEN50. Zen Yachts has announced the closing of a Series A funding round, costing 5.
An invention by researchers at the Max Planck Institute for Medical Research could make batteries much more energy dense, efficient and safer. The research team has found a way to produce very fine metal fleeces, the batene fleece, that can serve as current collectors in batteries and make them more powerful. Batene GmbH, a spin-off of the institute, has licensed the technology through the Max Planck Society’s central technology transfer company, Max Planck Innovation, and is now marketing it. For this, the start-up is receiving initial funding of 10 million euros.