Co-Power: Energizing Europe's Industrial Future with €6.4 Million Investment
June 11, 2025, 9:33 am
Location: United Arab Emirates, Ajman Emirate, Ajman
Employees: 10001+
Founded date: 1924
301 Moved Permanently
Total raised: $7.32M
In the heart of Munich, a startup is igniting a revolution. Co-Power has secured €6.4 million to reshape the energy landscape for Europe’s industrial sector. This funding is not just a financial boost; it’s a lifeline for industries grappling with soaring energy costs.
Europe’s industrial sector is at a crossroads. Electricity prices are more than double those in the US and China. This disparity threatens competitiveness and forces companies to cut back on production. Despite a robust renewable energy portfolio, the continent faces a paradox. High energy prices persist due to a lack of storage and the unpredictable nature of wind and solar power. Co-Power aims to flip this narrative.
Founded in 2024, Co-Power is on a mission to empower industrial clients. The company specializes in decentralized energy infrastructure, deploying large-scale battery storage and solar photovoltaic (PV) systems. Their approach is simple yet revolutionary: cut energy costs by up to 50% without any upfront investment. This is not just a promise; it’s a strategy that transforms factories into autonomous energy hubs.
Imagine a factory that generates its own electricity. No more reliance on fluctuating grid prices. Co-Power’s model allows businesses to optimize solar consumption and engage in smart energy trading. This flexibility is crucial. It turns energy from a mere cost into a strategic advantage.
The founders, Jan Krüger and Kilian Zedelius, are not just entrepreneurs; they are visionaries. They understand the pulse of the industry. Krüger’s background in the automotive sector and Zedelius’s experience at McKinsey give them a unique perspective. They see energy not just as a climate issue but as a lever for economic strength. Their goal is clear: restore cost leadership to European industry.
Co-Power is building an industrial Virtual Power Plant (VPP). This network of decentralized clean energy systems aims to enhance resilience. It allows companies to manage energy intelligently, ensuring 24/7 availability despite the intermittent nature of renewable sources. The software layer of this VPP optimizes energy pricing and trading, making it a game-changer for industrial firms.
The urgency of Co-Power’s mission cannot be overstated. European companies are under immense pressure. Rising grid fees and price volatility are squeezing margins. Many firms are unaware of the potential savings from optimizing grid usage. Co-Power steps in as a guide, simplifying a chaotic energy landscape. Their “Energy-as-a-Service” model handles the complexity, allowing clients to focus on growth and innovation.
The funding round was led by Cherry Ventures, with participation from notable family offices and industry leaders. This backing is a testament to the confidence investors have in Co-Power’s vision. They recognize the need for a solution in the European industrial sector, especially at this critical juncture.
Co-Power’s approach is not just about installing hardware. It’s about creating a culture of energy independence. The founders believe that energy should empower, not hinder. They want to help industrial companies regain their competitive edge. By cutting energy costs and complexity, businesses can reinvest in innovation and growth.
The landscape is changing. Two forces are colliding: rising cost pressures and increasing complexity in energy management. Companies are beginning to realize that energy is a strategic issue. Co-Power’s model provides a pathway to navigate this complexity. They offer trust and transparency, essential ingredients for long-term partnerships.
The startup’s vision extends beyond immediate savings. It’s about building a sustainable future. Co-Power aims to stabilize the grid while fostering a sense of pride among its clients. Companies want to be part of the solution, contributing to a cleaner, more resilient energy system.
As Europe grapples with its energy transition, Co-Power stands ready to lead. The founders are optimistic about the future. They believe that Europe can reclaim its position as a leader in energy innovation. With a long-term mindset and a commitment to building, they are poised to create something lasting.
The road ahead is not without challenges. Bureaucracy and red tape can stifle innovation. However, Co-Power is undeterred. They are driven by a belief in Europe’s potential. The continent has a unique advantage: a culture of building across generations, combined with cutting-edge technology.
In conclusion, Co-Power is more than a startup; it’s a beacon of hope for Europe’s industrial sector. With €6.4 million in funding, they are set to transform energy from a burden into a powerful ally. As they roll out their innovative systems, the future looks bright. Europe’s industrial backbone is ready to believe in a sustainable, competitive future. Co-Power is leading the charge, and the energy landscape will never be the same.
Europe’s industrial sector is at a crossroads. Electricity prices are more than double those in the US and China. This disparity threatens competitiveness and forces companies to cut back on production. Despite a robust renewable energy portfolio, the continent faces a paradox. High energy prices persist due to a lack of storage and the unpredictable nature of wind and solar power. Co-Power aims to flip this narrative.
Founded in 2024, Co-Power is on a mission to empower industrial clients. The company specializes in decentralized energy infrastructure, deploying large-scale battery storage and solar photovoltaic (PV) systems. Their approach is simple yet revolutionary: cut energy costs by up to 50% without any upfront investment. This is not just a promise; it’s a strategy that transforms factories into autonomous energy hubs.
Imagine a factory that generates its own electricity. No more reliance on fluctuating grid prices. Co-Power’s model allows businesses to optimize solar consumption and engage in smart energy trading. This flexibility is crucial. It turns energy from a mere cost into a strategic advantage.
The founders, Jan Krüger and Kilian Zedelius, are not just entrepreneurs; they are visionaries. They understand the pulse of the industry. Krüger’s background in the automotive sector and Zedelius’s experience at McKinsey give them a unique perspective. They see energy not just as a climate issue but as a lever for economic strength. Their goal is clear: restore cost leadership to European industry.
Co-Power is building an industrial Virtual Power Plant (VPP). This network of decentralized clean energy systems aims to enhance resilience. It allows companies to manage energy intelligently, ensuring 24/7 availability despite the intermittent nature of renewable sources. The software layer of this VPP optimizes energy pricing and trading, making it a game-changer for industrial firms.
The urgency of Co-Power’s mission cannot be overstated. European companies are under immense pressure. Rising grid fees and price volatility are squeezing margins. Many firms are unaware of the potential savings from optimizing grid usage. Co-Power steps in as a guide, simplifying a chaotic energy landscape. Their “Energy-as-a-Service” model handles the complexity, allowing clients to focus on growth and innovation.
The funding round was led by Cherry Ventures, with participation from notable family offices and industry leaders. This backing is a testament to the confidence investors have in Co-Power’s vision. They recognize the need for a solution in the European industrial sector, especially at this critical juncture.
Co-Power’s approach is not just about installing hardware. It’s about creating a culture of energy independence. The founders believe that energy should empower, not hinder. They want to help industrial companies regain their competitive edge. By cutting energy costs and complexity, businesses can reinvest in innovation and growth.
The landscape is changing. Two forces are colliding: rising cost pressures and increasing complexity in energy management. Companies are beginning to realize that energy is a strategic issue. Co-Power’s model provides a pathway to navigate this complexity. They offer trust and transparency, essential ingredients for long-term partnerships.
The startup’s vision extends beyond immediate savings. It’s about building a sustainable future. Co-Power aims to stabilize the grid while fostering a sense of pride among its clients. Companies want to be part of the solution, contributing to a cleaner, more resilient energy system.
As Europe grapples with its energy transition, Co-Power stands ready to lead. The founders are optimistic about the future. They believe that Europe can reclaim its position as a leader in energy innovation. With a long-term mindset and a commitment to building, they are poised to create something lasting.
The road ahead is not without challenges. Bureaucracy and red tape can stifle innovation. However, Co-Power is undeterred. They are driven by a belief in Europe’s potential. The continent has a unique advantage: a culture of building across generations, combined with cutting-edge technology.
In conclusion, Co-Power is more than a startup; it’s a beacon of hope for Europe’s industrial sector. With €6.4 million in funding, they are set to transform energy from a burden into a powerful ally. As they roll out their innovative systems, the future looks bright. Europe’s industrial backbone is ready to believe in a sustainable, competitive future. Co-Power is leading the charge, and the energy landscape will never be the same.