Last updated 2026-06-18
- Went public on TASE, Jun 2021
- Raised $305M debt round, Dec 2024
- Acquired Somoto, Aug 2020
Total raised
$34.8M
Last: Debt Financing 2024-12
Stage
Mature
Founded
2017
Headcount
36
HQ
Shdema, Israel
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 · 13 rounds · $34.8M total
Date unknown
Undisclosed Round
$2.7M
2017-12
Convertible Debt
$500K
2018-01
GrantEvent
$180K
2018-06
GrantEvent
$500K
2018-12
GrantEvent
$950K
2020-02
GrantEvent
$400K
2020-06
GrantEvent
$156K
Undisclosed
2021-02
Undisclosed Round
$500K
2021-11
2022-10
PIPE
$1.3M
2022-10
GrantEvent
$385K
2024-12
Debt Financing
$305.0M
Q&A
- What is Nostromo Energy's primary business?
- Nostromo Energy develops an ice-based energy storage system called IceBrick® for commercial and industrial buildings. This system stores energy as ice during off-peak hours and discharges it during peak demand to reduce energy costs and grid reliance.
- How many employees does Nostromo Energy currently have?
- Nostromo Energy has 36 employees, falling within the 11-50 employee bucket.
- What was Nostromo Energy's most recent funding round?
- In December 2024, Nostromo Energy secured a Debt Financing round of $305,000,000 from the U.S. Department of Energy Loan Program Office.
- When did Nostromo Energy go public and on which exchange?
- Nostromo Energy completed an IPO in June 2021 on the TASE (Tel Aviv Stock Exchange) with an amount of $13,600,000.
- What is the status of Nostromo Energy's listing on the TASE?
- Nostromo Energy was delisted from the TASE in August 2024.
- Who are the CEO and Co-founder & CTO of Nostromo Energy?
- Yoram Ashery is the CEO and Yaron Ben Nun is the Co-founder & CTO of Nostromo Energy.
- What is Nostromo Energy's primary sector?
- Nostromo Energy's primary sector is Energy Tech.
- Which investors participated in Nostromo Energy's PIPE round in November 2021?
- The PIPE round in November 2021 included investments from Migdal Insurance.
Team · 13
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
| Founded | 2017-3 |
|---|---|
| Employees (exact) | 36 |
| Market cap | $8.0M |
Acquisitions & public offerings
| 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 |
|---|