Total raised
$34.8M
Last: Debt Financing 2024-12
Stage
Mature
Founded
2017
Headcount
36
HQ
Shdema
Sector
Energy Tech
About
Nostromo Energy develops an ice-based energy storage system designed for commercial and industrial buildings. Its core product, the IceBrick®, stores energy in the form of ice during periods of low electricity prices or high renewable energy availability, and discharges it during peak demand to reduce grid reliance and energy costs. The system enables buildings to become energy storage assets, supporting decarbonization and grid stability. Modular, compact, and non-flammable, IceBrick® can be retrofitted to existing structures, offering a safe and sustainable alternative to conventional battery storage.
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Funding history · 7 rounds · $34.8M total
2024-12
Debt Financing
$305.0M
2022-10
PIPE
$1.3M
2021-11
PIPE
$9.1M
2021-02
Undisclosed
$500K
2018-12
Seed
$4.6M
2017-12
Convertible Debt
$500K
Date unknown
Undisclosed
$2.7M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Nostromo Energy's core product?
- Nostromo Energy's core product is the IceBrick®, an ice-based energy storage system designed for commercial and industrial buildings. It stores energy as ice during low electricity prices or high renewable energy availability and discharges it during peak demand.
- When was Nostromo Energy founded?
- Nostromo Energy was founded in March 2017.
- What significant funding did Nostromo Energy secure in December 2024?
- In December 2024, Nostromo Energy secured a $305 million conditional commitment for debt financing from the U.S. Department of Energy Loan Program Office.
- When did Nostromo Energy go public on the TASE?
- Nostromo Energy had an IPO on the TASE in June 2021 under the ticker NOST.
- What was a key development for Nostromo Energy in April 2026?
- In April 2026, Nostromo Energy's IceBrick thermal energy storage systems were announced for installation at Atlanta's Hartsfield-Jackson International Airport.
- What new product did Nostromo Energy launch in November 2025?
- In November 2025, Nostromo Energy launched IceBrick®360, a patented cold-thermal energy storage product specifically for data centers, addressing critical speed-to-power needs.
- What program was Nostromo Energy's IceBrick technology selected for in July 2024?
- In July 2024, Nostromo Energy's IceBrick® technology was selected by the GSA and DOE for evaluation in the 'Green Proving Ground' Program.
- What was a significant operational change for Nostromo Energy in 2024?
- In February 2024, Nostromo Energy entered into an agreement to become a private company, with shareholders approving the going-private arrangement in May 2024, and completing voluntary delisting in August 2024.
- Which hotels selected Nostromo Energy's solution in June 2023?
- In June 2023, The Beverly Hilton and The Waldorf Astoria Beverly Hills hotels selected Nostromo Energy to significantly reduce carbon emissions.
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionEco-Efficient Energy StorageClean Industry Tech Green ConstructionEnergy TechEnergy Management & Grid Integration
Technologies
Platforms & InterfacesSoftwareSensingVibration
Target customers
Industrial ManufacturingProcess IndustriesPlasticsChemicals & PetrochemicalsHybrid IndustriesFood & BeveragesTravel & TourismHospitalityEnergy, Utilities & Waste ManagementRenewable Energy SystemsGovernment & CityMunicipalitiesReal Estate & ConstructionDevelopment
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
heating-and-coolingclimate-techindustrial-technologieswaterthermal-energyoperations-optimizationenergyenergy-storageenergytechenergy-efficiencyalternative-storagedata-centerscommercial-sitesgreen-construcion