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Germany’s Co-Power raises €6.4M to help European factories take power into their own hands

  • Germany's Co-Power raises €6.4M led by Cherry Ventures for decentralised energy infrastructure.
  • Investors include Abacon Capital, Aurum Impact, and founders of Flixbus, among others.
  • Co-Power addresses high electricity costs in Europe's industrial sector by providing local generation and storage.
  • Company aims to help European companies reduce energy costs, manage price volatility, and achieve greater energy autonomy.

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