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Candela’s hydrofoiling electric boats attract $24M investment in a bid for cleaner seas

TechCrunch

Solving this problem makes hydrofoiling craft a viable alternative to a traditional hull, and that in turn solves one of the problems inherent to electric watercraft: low range. But while the company does hope to sell as many of these as possible to the Monaco and Dubai crowd, the bigger opportunity may be in public transport, of all things.

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Pear hosted its invite-only demo day online this year; here’s what you might have missed

TechCrunch

Eventually, the idea is to also use the granular insights it’s garnering and sell these to hedge funds, state governments, and other outfits that want a better handle on what’s coming — be it around food security or climate changes. Yet even as brands try, alternatives are often too expensive or worse for the environment.

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