Nostromo Energy is an energy storage company that has developed a revolutionary thermal energy storage cell which is the building block for a water-based energy storage system which is the safest, cleanest and most cost-effective, energy storage system in the market. Nostromo Energy is lead by a team of energy industry experts.
Peak-load reduction and frequency stability are the prime challenges of electric grids, especially if the goal of substantial share of renewable energy sources (primarily solar PV) is to be realized. Nostromo Energy has developed the IceBrickTM, an Ice-based Thermal Energy Storage system (Ice-TES) that enables storage (by freezing) and discharging (by thawing) of ice in a fast and energy-efficient manner, achieving optimal volumetric water capacity, employing inexpensive components and enabling modular adjustment to the required installed capacity. It is first targeted for retrofit in commercial, chiller-based air conditioning systems.
Peak-load reduction and frequency stability are the prime challenges of electric grids, especially if the goal of substantial share of renewable energy sources (primarily solar PV) is to be realized. Nostromo Energy has developed the IceBrickTM, an Ice-based Thermal Energy Storage system (Ice-TES) that enables storage (by freezing) and discharging (by thawing) of ice in a fast and energy-efficient manner, achieving optimal volumetric water capacity, employing inexpensive components and enabling modular adjustment to the required installed capacity. It is first targeted for retrofit in commercial, chiller-based air conditioning systems.
Location: Israel, Center District, Shdema
Employees: 11-50
Total raised: $22.7M
Founded date: 2016
Investors 3
| Date | Name | Website |
| - | Startupboo... | startupboo... |
| - | 100 Accele... | 100acceler... |
| 06.08.2025 | Startupboo... | startupboo... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 11.11.2021 | - | $9.1M | - |
| 21.06.2021 | - | $13.6M | - |
Mentions in press and media 10
| Date | Title | Description |
| 11.12.2023 | Why Hospitals Need a Healthier Approach to Sustainability | Douglas Poffinbarger, Director, Commercial Operations at Nostromo Energy Fighting climate change is an all-hands-on-deck mission. Hospitals, which keep us healthy and safe, share the responsibility for keeping the earth healthy and safe. Le... |
| 23.06.2023 | Роскошные отели Беверли-Хиллз используют израильские технологии, чтобы стать более экологичными | Инновационное решение сохраняет энергию в модульных капсулах со льдом, а затем направляет ее на охлаждение помещений, сокращая выбросы CO2 и сокращая расходы. 0 Обсудить 15 просмотров Система IceBrick накапливает энергию в модульных ледяных... |
| 11.11.2021 | Nostromo secures a $9.1 million equity investment by Migdal and Freepoint Commodities | DGAP-News: Nostromo Energy Limited Nostromo secures a $9.1 million equity investment by Migdal and Freepoint Commodities 11.11.2021 / 15:00 The issuer is solely responsible for the content of this announcement. Nostromo Energy Ltd. (TASE: N... |
| 11.11.2021 | PRESS RELEASE : Nostromo secures a USD9.1 million equity investment by Migdal and Freepoint Commodities | DGAP-News: Nostromo Energy Limited Nostromo secures a USD9.1 million equity investment by Migdal and Freepoint Commodities 2021-11-11 / 15:00 The issuer is solely responsible for the content of this announcement. ---------------------------... |
| 09.11.2021 | Nostromo Raises $9.1M In Equity Funding | Nostromo Energy Ltd. (TASE: NOST), an Israel-based provider of sustainable energy storage solutions to commercial and industrial buildings, based on its proprietary IceBrick™ technology, raised $9.1M in equity financing. The round was by Mi... |
| 13.08.2021 | Buildings on ice: Israeli startup develops water-based energy system to cool structures | It seems like any time a serious discussion is held about solar or wind power, the same question arises: what do you do when the sun isn’t shining, or the wind isn’t blowing? Renewable energy technologies share a common disadvantage that pr... |
| 21.06.2021 | Nostromo : Raises $13.6M For Its Ice-powered Clean Energy Storage System and Will Begin Trading on the Tel Aviv Stock Exchange | Nostromo (https://www.nostromo.energy), a pioneering cold-energy storage company, is commercializing the world’s most advanced energy storage technology based on modular ice cells for commercial and industrial buildings. The technology harn... |
| 21.06.2021 | Nostromo Raises $13.6M in Funding | Nostromo, an Israeli-based cold-energy storage company, completed a merger with the Tel Aviv Stock Exchange (TASE) listed company Somoto, raising $13.6m in the process. Led by Yoram Ashery, CEO, and Yaron Ben Nun, founder, CTO and President... |
| 26.05.2021 | Climate Change Stands to Displace 2 Billion People Worldwide. These Innovative Solutions Could Help Reduce That Number. | May 26, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. As the world embraces the Paris Climate Agreement, legacy institutions have no choice but to embrace the mission to go green. The climate crisis is hardl... |
| - | Nostromo | “Nostromo energy provides ice-based energy storage systems to commercial and industrial buildings, reducing emissions and energy costs and increasing resilience” |