Nostromo Energy
Ice-Based Energy Storage System for Commercial and Industrial Buildings
StartupNostromo Energy is a Shdema-based startup in the Energy Tech sector, established in 2017. Ice-Based Energy Storage System for Commercial and Industrial Buildings. The company has raised a total of $34.82M across 14 funding rounds, currently at the Mature stage. Nostromo Energy was founded by Yaron Ben Nun. Key investors include U.S. Department of Energy Loan Program Office, Freepoint Commodities Investments , Migdal Insurance and Financial Holdings, among 9 total investors. The company has 11-50 employees.
With $34.82M in total funding, Nostromo Energy is a Mature-stage company operating in Energy Tech. The company follows a B2B business model. Product stage: Released. The company holds 1 patent. Nostromo Energy is identified as relevant to climate technology.
- StageMature
- ProductReleased
- ModelB2B
- Employees11-50
- HQShdema
- DistrictCenter District
- Last Round$305M
- U.S. Department of Energy Loan Program Office
- Freepoint Commodities Investments
- Migdal Insurance and Financial HoldingsLead
9 investors total
Yaron Ben NunCo-founder
29 articles covered by sources including www.prnewswire.com,
www.ice.co.il,
www.israel21c.org,
nocamels.com,
www.businesswire.com.
What does Nostromo Energy do?
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. .
How much funding has Nostromo Energy raised?
Nostromo Energy has raised $34.82M in total funding across 14 rounds. The company is currently at the Mature stage. Key investors include U.S. Department of Energy Loan Program Office, Freepoint Commodities Investments , Migdal Insurance and Financial Holdings.
Who founded Nostromo Energy?
Nostromo Energy was founded in 2017 by Yaron Ben Nun (Co-founder).
What sector is Nostromo Energy in?
Nostromo Energy operates in Climate Tech, Energy Transition, Eco-Efficient Energy Storage, Clean Industry Tech , Green Construction, Energy Tech, Energy Management & Grid Integration. Target customers: Industrial Manufacturing, Process Industries, Plastics, Chemicals & Petrochemicals, Hybrid Industries, Food & Beverages, Travel & Tourism, Hospitality, Energy, Utilities & Waste Management, Renewable Energy Systems, Government & City, Municipalities, Real Estate & Construction, Development.
Where is Nostromo Energy located?
Nostromo Energy is based in Shdema, Israel, Center District.