Last updated 2026-08-21
- 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
$339.3M
Last: Debt Financing 2024-12
Stage
Mature
Founded
2017
Headcount
36
HQ
Aseret, Israel
Sector
Energy Storage
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 · 6 rounds · $339.3M total
9 events/rounds · $339.3M Total Funding: $33.4M in Private Equity, $13.6M in Public Equity, $305.5M in Debt
Dec 2024
★ U.S. Department of Energy (DOE) Loan Programs Office (LPO)JJRFFirsTime VenturesRishon Ventures LLC.Existing shareholdersFreepoint CommoditiesCresson Nostromo, LLC.
Feb 2024
★ JJRF★ FirsTime Ventures★ Rishon Ventures LLC★ Freepoint Commodities★ Cresson Nostromo, LLC
Jun 2022
★ Israel Ministry of Energy
Nov 2021
★ Migdal GroupMigdalFreepoint Commodities
Feb 2021
Jan 2018
★ Firstime★ Israel Innovation Authority
Acquisitions · 1
Aug 2020
Somoto
Undisclosed
Headcount over time
36 employees (2026-09) · 1 point
Offices
Aseret, Israel · HQ / main office
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 · 13
Yaron Ben Nun
Founder · Founder, President & CTO
Yoram Ashery
CEO
Ori Asscher
Senior VP Engineering and Operations
Boaz Ur
Chief Business Development Officer
Kobi Zohar
VP Core R&D and Quality
Nir Vaiman
CFO
Doug Poffinbarger
VP, US Commercial Operations
Preciouse Gross
Director of Marketing
Ofir Ben Nun Steinberg
Board of Directors
Nir Tarlovsky
Board of Directors
Kobi Richter
Board of Directors
Asi Shalgi
Board of Directors
Assi (Assaf) Itshayek
Board of Directors
Sectors & technology
Primary sector
Energy Storage
Technologies
Target customers
Business model
B2BEnergy Storage as a Service (ESaaS)
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) | 36 |
| 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 |