About Nostromo
Nostromo is an Energy & Utilities company based in Even Yehuda (Israel) founded in 2016 by Yaron Ben Nun. Ice thermal storage systems are developed for energy-efficient cooling. Nostromo has raised $23.2 million across 3 funding rounds from investors including Migdal Group, Freepoint and Mayo Shattuck. Nostromo offers products and services including IceBrick System and Cloud-Based Management. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Thermal. Its legal entity is IceBrick Energy Assets.
Company details
Nostromo was founded in 2016 in Even Yehuda, Israel, within the renewable energy sector. Integrated thermal energy storage systems are designed and developed by the company. Surplus power generated during off-peak periods is utilized to store cold energy as ice. This stored ice is then deployed for cooling applications during peak demand hours, supporting efficient energy management in various facilities.
- Headquarters Even Yehuda, Israel
- Founders Yaron Ben Nun
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website nostromo.energy
- Social LinkedIn
- Legal Name Icebrick Energy Assets
- Total Equity Funding$23.2M (USD)
in 3 rounds
- Latest Funding Round$9.1M (USD), Series B
Nov 2021
- InvestorsMigdal Group
& 2 more
Products & Services of Nostromo
Nostromo offers a comprehensive portfolio of products and services, including IceBrick System and Cloud-Based Management.
Ice-based system for managing building cooling and energy demands
Platform for optimizing energy storage and grid interactions
Funding Insights of Nostromo
Nostromo has successfully raised a total of $23.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $9.1 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $23.2M
- Total Rounds 3
- Last Round Series B — $9.1M
- First Round $500,000
(Feb 2021)
- Investors Count 3
All 3 funding rounds of Nostromo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $9.1M | Series B | – | Migdal Group | |
| Jun 2021 | $13.6M | Series B | – | – | – |
| Feb 2021 | $500,000 | Angel Round | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in Nostromo
Nostromo has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Migdal Group, Freepoint and Mayo Shattuck.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurance and financial services are offered in Israel. | 1935 | migdal.co.il | Petah Tikva, Israel | |
Financial technology services are provided by Freepoint to various clients. | 2011 | freepoint.com | Stamford, United States | |
MS Mayo Shattuck | Angel investor, ex-Constellation Energy CEO, focused on tech and energy startups. | unknown_54f5e2d252fd4b9bb |
Investor details for Nostromo
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- Investor portfolios
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People of Nostromo
1 people are tracked at Nostromo (1 in leadership).
| Name | Role | Group |
|---|---|---|
Yaron Ben Nun | Founder | Leadership |
Complete people profiles for Nostromo
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- Board tenure
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Timeline of Nostromo
3 dated milestones of Nostromo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Nostromo is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series B, of $9.1M.
Web traffic of Nostromo
The website of Nostromo (nostromo.energy) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 0.9% vs previous month
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Frequently Asked Questions about Nostromo
Nostromo was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Nostromo is headquartered in Even Yehuda, Israel. It is registered at Even Yehuda, Central District, Israel.
Nostromo is a funded company, having raised a total of $23.2M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Feb 2021.
Nostromo was founded in 2016 in Even Yehuda, Israel, within the renewable energy sector. Integrated thermal energy storage systems are designed and developed by the company. Surplus power generated during off-peak periods is utilized to store cold energy as ice. This stored ice is then deployed for cooling applications during peak demand hours, supporting efficient energy management in various facilities.
Nostromo offers IceBrick System and Cloud-Based Management.
Nostromo has 3 investors. Key investors include Migdal Group, Freepoint, and Mayo Shattuck.
Nostromo operates through Icebrick Energy Assets.