Last updated 2026-07-26
- Acquired by Freepoint Commodities LLC, Firstime, Rishon Ventures LLC and Cresson Nostromo, LLC for $10.7M, Jul 2024
- Went public on TASE, Jun 2021
- Raised $305.5M debt round led by U.S. Department of Energy (DOE) Loan Programs Office (LPO), Dec 2024
Total raised
$338.1M
Last: Debt Financing 2024-12
Stage
Mature
Founded
2017
Headcount
30
HQ
Aseret, Israel
Sector
Energy Tech
About
Nostromo Energy develops, designs, manufactures, and sells sustainable, compact, and modular energy storage and demand management solutions for commercial and industrial buildings. Their patented IceBrick® technology allows buildings to shift air conditioning power use from peak to off-peak hours, reducing costs and enhancing resilience. The company's grid-integration software platform also adds resilience and efficiency to the electric grid. Nostromo Energy aims to accelerate the renewable energy revolution by reducing reliance on fossil fuels and contributing to a more stable electric grid.
Funding history · 15 rounds · $338.1M total
2024-12
Debt Financing
$305.5M
★ U.S. Department of Energy (DOE) Loan Programs Office (LPO)FirsTime VenturesRishon Ventures LLC.Freepoint CommoditiesU.S. Department of Energy Loan Program Office
2022-09
Grant
$385K
2022-09
PIPE
$1.3M
★ Freepoint Commodities Investments
2021-11
PIPE
$9.1M
★ Migdal Insurance and Financial Holdings★ Migdal GroupMigdalFreepoint CommoditiesFreepoint Commodities Investments
2021-06
Follow-on PO
$13.6M
★ Somoto★ Public investors via merger with Somoto
2021-05
Reverse Merger
Undisclosed
2021-02
A Round
$500K
★ Mayo A. Shattuck IIIMayo Shattuck
2021-02
B Round
$500K
★ Mayo A. Shattuck IIIMayo Shattuck
2020-05
Grant
$156K
2020-01
Grant
$400K
2018-11
Grant
$950K
2018-11
Seed
$4.6M
★ Rami Ungar★ Kobi Richter★ Judith Richter★ Taavura Holdings★ Menora Mivtachim Insurance
2018-05
Grant
$500K
2017-12
Grant
$180K
2017-11
Convertible Debt
$500K
★ Taavura Holdings
Headcount over time
From 10 (2019-01) to 36 (2025-10) · +26 (+260%) · 18 points · source: Finder history + radar grounding
Q&A
- What is Nostromo Energy's primary business?
- Nostromo Energy develops, designs, manufactures, and sells sustainable, compact, and modular ice-based thermal energy storage and demand management solutions for commercial and industrial buildings.
- When was Nostromo Energy acquired and by whom?
- Nostromo Energy was acquired in July 2024 for $10.7 million by Freepoint Commodities LLC, Firstime, Rishon Ventures LLC, and Cresson Nostromo, LLC.
- What was Nostromo Energy's most recent funding round?
- In December 2024, Nostromo Energy secured $305.5 million in Debt Financing from the U.S. Department of Energy's (DOE) Loan Programs Office (LPO).
- What is the status of Nostromo Energy's public listing?
- Nostromo Energy completed a voluntary delisting from the TASE in August 2024.
- What is Nostromo Energy's employee count?
- Nostromo Energy has an employee count in the 11-50 range.
- What is a key product offered by Nostromo Energy?
- Nostromo Energy offers the IceBrick® thermal energy storage system, designed for commercial buildings and data centers to store energy as ice during off-peak hours and discharge it during peak demand.
- Which hotels have selected Nostromo Energy's technology to reduce carbon emissions?
- The Beverly Hilton and The Waldorf Astoria Beverly Hills Hotels selected Nostromo Energy's technology to significantly reduce carbon emissions, as announced in June 2023.
- What is Nostromo Energy's current stage as a company?
- Nostromo Energy is currently in the Mature stage.
Team · 14
Yaron Ben Nun
Founder · Founder, President, CTO & Director
Eyal Ziv
Founder · Co-Founder
Chief Business Development Officer
Marketing Director
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | nostromo.energy |
|---|---|
| linkedin.com/company/12894010 | |
| instagram.com/nostromo_energy |
Identifiers & details
| Legal name | Nostromo Energy Ltd |
|---|---|
| Founded | 2017 |
| Employees (exact) | 30 |
| Market cap | $8.0M |
Acquisitions & public offerings
Acquired by Freepoint Commodities LLC, Firstime, Rishon Ventures LLC and Cresson Nostromo, LLC 2024-07 $10.7M
| Acquired | Date | Amount |
|---|---|---|
| Somoto | 2020-08 |
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| 2024-08 | TASE | |||
| 2021-06 | TASE | |||
| 2021-06 | TASE | $13.6M |
Radar intelligence
Web history (Wayback)
| Domain | nostromo.energy |
|---|
Certificate / subdomain footprint
| Subdomains | 21 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515635506 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2017-03-28 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | אזור תעשיה 0 עשרת |