<ul><li>Co-Power, a Munich-based startup, raised €6.4 million to accelerate the deployment of large-scale battery storage and solar PV systems for Europe's industrial sector.</li><li>The funding round was led by Cherry Ventures, with participation from Abacon Capital, Aurum Impact, and other notable investors supporting Co-Power's vision.</li><li>Co-Power aims to help European industrial companies reduce energy costs by up to 50% through on-site battery storage and solar systems with no upfront investment.</li><li>The startup plans to build Europe's leading industrial virtual power plant to increase energy resilience and competitiveness for SMEs in the region.</li></ul>

German startup Co-Power secures €6.4 million to help European industry control energy costs and boost resilience

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