Nostromo Energy
Ice-Based Energy Storage System for Commercial and Industrial Buildings
Startup Mature Energy Tech Est. 2017
๐ŸŒ WebsiteLinkedInTwitter
Total Raised
$34.82M
Mature
Last Round
$305M
14 rounds
Investors
9
9 public
Team
6
11-50 employees
Confidence
100/100
News
29
articles
Patents
1
About
Nostromo Energy develops an ice-based energy storage system designed for commercial and industrial buildings. Its core product, the IceBrickยฎ, 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, IceBrickยฎ can be retrofitted to existing structures, offering a safe and sustainable alternative to conventional battery storage. .
Classification
Sector
Climate TechEnergy TransitionEco-Efficient Energy StorageClean Industry Tech Green ConstructionEnergy TechEnergy Management & Grid Integration
Target Customer
Industrial ManufacturingProcess IndustriesPlasticsChemicals & PetrochemicalsHybrid IndustriesFood & BeveragesTravel & TourismHospitalityEnergy, Utilities & Waste ManagementRenewable Energy SystemsGovernment & CityMunicipalitiesReal Estate & ConstructionDevelopment
Business Model
B2B
Tags
heating-and-coolingclimate-techindustrial-technologieswaterthermal-energyoperations-optimizationenergyenergy-storageenergytechenergy-efficiencyalternative-storagedata-centerscommercial-sites
Funding & Events
Oct 2022
PIPE $1.25M
Freepoint Commodities Investments
Oct 2022
Non-equity $384.66K
Israel Innovation Authority
Nov 2021
PIPE $9.1M
Migdal Insurance and Financial Holdings (Lead), Freepoint Commodities Investments
Jun 2021
Exit Undisclosed
Jun 2021
Exit Undisclosed
Jun 2020
Non-equity $156K
Jun 2018
Non-equity $500K
Shell Ventures
Jan 2018
Non-equity $180K
Israeli Ministry of Energy
Feb 2021
Undisclosed Round $500K
Mayo Shattuck
Feb 2020
Non-equity $400K
Israel Innovation Authority
Dec 2024
Debt Financing $305M
U.S. Department of Energy Loan Program Office
Dec 2018
Seed $4.6M
Taavura Holdings, Judith Richter, Kobi Richter, Rami Ungar, Menora Mivtachim Insurance
Dec 2018
Non-equity $950K
BIRD Foundation
Dec 2017
Convertible Debt $500K
Taavura Holdings
Aug 2024
Exit Undisclosed
Aug 2020
M&A Undisclosed
Undisclosed Round $2.7M
News (29)
Dec 9, 2024 ยท www.prnewswire.com
growth-positive
/PRNewswire/ -- Nostromo Energy, provider of the IceBrickยฎ system, a virtual power plant (VPP)-enabled thermal energy storage solution for commercial and...
InvestmentExpand
Aug 1, 2024 ยท www.prnewswire.com
growth-negative
Nostromo Energy Completes Voluntary Delisting
Public TradingAcquisition
Jul 22, 2024 ยท www.prnewswire.com
growth-positive
Nostromo Energy's IceBrickยฎ Technology Selected by GSA and DOE for Evaluation in 'Green Proving Ground' Program
CustomersPartners
May 10, 2024 ยท www.prnewswire.com
growth-negative
Nostromo Energy Shareholders Approve Going-Private Arrangement
Public Trading
Feb 28, 2024 ยท www.prnewswire.com
growth-positive
Nostromo Energy Enters into an Agreement to Become Private
InvestmentAcquisition
Oct 30, 2023 ยท www.ice.co.il
growth-positive
ื ื•ืกื˜ืจื•ืžื• ื•ืื•ื ื™ื‘ืจืกื™ื˜ืช ืงืœื™ืคื•ืจื ื™ื” ื‘ืฉืช"ืค: ืชืคืชื— ืžืขืจื›ืช ืื’ื™ืจืช ืื ืจื’ื™ื” ื™ื™ื—ื•ื“ื™ืช ืœืงืžืคื•ืกื™ื
Partners
Sep 19, 2023 ยท www.prnewswire.com
growth-positive
Nostromo Energy's IceBrickยฎ Energy Storage Systems Awarded First Resource Adequacy Credits by the California Public Utilities Commission
CustomersPartnersInvestment
Aug 8, 2023 ยท www.prnewswire.com
growth-positive
Nostromo Energy Invited by the Department of Energy to Due Diligence and Term Sheet Negotiations for the IceBrickยฎ Energy Storage Project
Investment
Jun 18, 2023 ยท www.israel21c.org
growth-positive
Luxe Beverly Hills hotels use Israeli tech to go greener - ISRAEL21c
CustomersPartners
Jun 14, 2023 ยท www.prnewswire.com
growth-positive
The Beverly Hilton and The Waldorf Astoria Beverly Hills Hotels Select Nostromo to Significantly Reduce Carbon Emissions
PartnersCustomers
Jun 5, 2023 ยท nocamels.com
growth-positive
Giant Ice Trays Cool Buildings Using Green Energy
CustomersPartners
Jan 4, 2023 ยท www.businesswire.com
Nostromo Energy Reaches Key Application Milestone for $189 Million Loan Guarantee from the U.S. Department of Energy to Deploy 275 MWh of Distributed Energy Storage Systems
Aug 14, 2022 ยท www.new-techonline.com
growth-positive
ื ื•ืกื˜ืจื•ืžื•, ื”ืžืชืžื—ื” ื‘ืื’ื™ืจืช ืื ืจื’ื™ื” ื‘ื‘ื ื™ื™ื ื™ื, ืชื™ื”ื ื” ืžื—ืงื™ืงืช ื”ืืงืœื™ื ื”ื’ื“ื•ืœื” ื‘ื™ื•ืชืจ ื‘ื”ื™ืกื˜ื•ืจื™ื” ื”ืืžืจื™ืงื ื™ืช ืฉืื•ืฉืจื” ื‘ืกื•ืฃ ื”ืฉื‘ื•ืข ื”ืื—ืจื•ืŸ
Investment
Jun 20, 2022 ยท nocamels.com
growth-positive
Soroka Medical Center To Install Nostromo Energy Storage Tech
Customers
May 31, 2022 ยท www.new-techonline.com
growth-positive
ื ื•ืกื˜ืจื•ืžื•, ื”ืžืคืชื—ืช ืžืขืจื›ืช ืžืชืงื“ืžืช ืœืื’ื™ืจืช ืื ืจื’ื™ื”, ื ื›ื ืกืช ืœืฉื•ืง ื—ื•ื•ืช ื”ืฉืจืชื™ื ื”ืฆื•ืžื—: ื–ื›ืชื” ื‘ืžืขื ืง ื‘ืกืš 1.3 ืžื™ืœื™ื•ืŸ ืฉืงืœ ืœื”ืงืžืช ืžืชืงืŸ ืจืืฉื•ืŸ ื‘ื™ืฉืจืืœ New-Tech OnLine
InvestmentCustomersPartners
Jan 4, 2022 ยท gritdaily.com
growth-positive
Nostromo cryogenically stores something other than humans to reduce global warming - Grit Daily News
InvestmentExpand
Nov 9, 2021 ยท www.finsmes.com
growth-positive
Nostromo Raises $9.1M In Equity Funding - FinSMEs
InvestmentExpand
Oct 18, 2021 ยท www.maariv.co.il
growth-positive
ื—ื‘ืจื” ื™ืฉืจืืœื™ืช ืคื™ืชื—ื” ืžืขืจื›ืช ืœื™ื™ืฆื•ืจ ื—ืฉืžืœ ื‘ืฆื•ืจื” ื‘ืœืชื™ ืžื–ื”ืžืช ื›ืœ ื”ืคืจื˜ื™ื
Expand
Oct 14, 2021 ยท www.sponser.co.il
growth-positive
ื ื•ืกื˜ืจื•ืžื• ืกื™ื™ืžื” ืืช ืชื”ืœื™ืš ื™ื™ืฆื•ืจ ืชืื™ ื”ืื’ื™ืจื” ืขื‘ื•ืจ ืžืœื•ืŸ ื”ื™ืœื˜ื•ืŸ ื‘ื•ื•ืจืœื™ ื”ื™ืœืก
PartnersExpand
Sep 14, 2021 ยท newsdirect.com
growth-positive
Nostromo To Work with Anheuser-Busch (AB) InBev to Advance Climate Action Goals Across its Facilities and Develop a Roadmap for Turning its Cooling Infrastructure Into Energy Storage Assets | News Direct
Partners
+ 9 more articles
Details
Product Stage
Released
Employees
11-50
Exact Count
36
District
Center District
Founded
2017
Registrar
515635506
Crunchbase
nostromo
Locations
Shdema, Israel
Links
Website
nostromo.energy
LinkedIn
Profile
Twitter
Profile
Admin
Last Update
Apr 2, 2025
Verified by
Fredrik Liljedahl
Claimed
Yes
Missing
markets
Team (6)
Yoram Ashery
CEO
Yaron Ben Nun
Co-founder
Founder
Nir Vaiman
CFO
Boaz Ur
Chief Business Development Officer
Ori Asscher
Senior VP, Engineering and Operations
Preciouse Gross
Marketing Director
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2016-09-25T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)
Finder ยท Nostromo Energy ยท 2026