NISO ENERGY CORPORATION

What NISO ENERGY CORPORATION does

NISO Energy Corporation is a privately held, Toronto-based energy technology company developing hardware solutions that convert wasted heat into clean electricity. The company's product portfolio comprises three integrated technology platforms: thermoelectric power generation systems leveraging the Seebeck effect to produce solid-state, no-moving-parts electricity from temperature differentials; wireless power transfer systems spanning near-field inductive coupling, resonant coupling, and far-field microwave and laser transmission; and long-term thermal energy storage systems built on thermal batteries, phase-change materials, and sand/stone media. The near-term focus is to advance from pilot manufacturing toward commercialization in 2026 and full-scale automated production from 2027 onward.

The business model is centered on hardware sales of industrial energy systems, with potential future revenue from technology licensing and co-development arrangements with strategic industry partners. Go-to-market is enterprise field sales targeting heavy industries (energy, steel, cement) as the primary entry point, with planned subsequent expansion into telecom, agriculture, microgrids, transportation, space, and base/peak-load power. The company has established research collaborations with five Canadian institutions — University of Toronto, McMaster University, Toronto Metropolitan University, University of Waterloo, and the CanmetMATERIAL National Lab — for materials validation, system-level proof of concept, and certification support. Pricing is not publicly disclosed and the company is currently pre-revenue, operating in the pilot manufacturing phase.

NISO Energy has not disclosed any ownership structure, investors, headcount, named customers, patents, or certifications in the public source material. The company operates as 'NISO Energy Solutions' as a related brand name, and contact routes through a single general email and phone line in Toronto.

Name

NISO ENERGY CORPORATION

Legal name

NISO Energy Corporation

Website

https://nisoenergy.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

NISO Energy Corporation is a Toronto-based energy technology company developing solid-state thermoelectric generators, wireless power transfer systems, and long-duration thermal energy storage to convert waste heat into clean electricity for heavy-industry and other enterprise customers. The company is pre-revenue, targeting commercialization in 2026 and full-scale production in 2027+.

Ownership category

akta.pro rank

Product category

Industrial Energy Systems

NAICS

Electric Power Generation (22111), Electrical Equipment Manufacturing (3353)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

High-Temperature Process Heat Electrification (E-Boilers, E-Furnaces, Induction, Plasma) (EUABAJAA)

akta.pro secondary industries

Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI), Power Electronics & Grid-Tie Equipment Manufacturing (Converters, Transformers, Switchgear) (EUAMAHAH)

Keywords

• Thermoelectric power generation
• Wireless power transfer
• Thermal energy storage
• Waste heat recovery
• Industrial energy systems

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Thermoelectric Power Generation Systems: The company plans to commercialize thermoelectric power generation systems that convert waste heat into electricity. As they advance toward commercialization in 2026, they are building strategic partnerships with industry leaders to scale production. Currently in pilot manufacturing phase (2025-2026) with full-scale production planned for 2027 and beyond.
2. Wireless Power Transfer Solutions: Wireless power transfer technology delivery for remote sensors, autonomous systems, industrial sites, space applications, and harsh environments. Revenue stream based on system sales and potentially licensing of the technology.
3. Long-Term Thermal Energy Storage Systems: Heat storage systems including thermal batteries, PCM-based systems, and sand/stone storage for industrial, renewable energy, remote, northern and Arctic applications. Revenue from system sales and potentially professional services for installation and integration.
4. Strategic Partnerships and Licensing: The company is seeking strategic partners and investors to bring advanced heat-to-power systems to market. Potential for technology licensing and co-development arrangements with industry partners.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

NISO Energy Corporation develops and manufactures solid-state energy systems that convert wasted heat into clean electricity using thermoelectric power generation (Seebeck effect), wireless power transfer, and long-term thermal energy storage technologies. The company sells these integrated hardware solutions to enterprise customers in heavy industries, with planned commercialization in 2026 and full-scale production targeted for 2027 and beyond.

Product overview

NISO Energy Corporation is a Toronto-based energy technology company offering a portfolio of advanced heat-to-power solutions. The product portfolio comprises three core technology areas: Thermoelectric Power Generation systems that recover waste heat from industry, engines, and renewable sources using solid-state Seebeck effect technology; Wireless Power Transfer solutions enabling electricity delivery without physical connectors across near-field, far-field, and laser-based modalities; and Long-Term Thermal Energy Storage using thermal batteries, phase-change materials, and sand/stone systems to balance energy supply and demand. These complementary technologies work together to help industries recover lost energy, improve reliability, and move toward cleaner power infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermoelectric Power Generation Solid-state thermoelectric generators that convert wasted heat into electricity via the Seebeck effect, recovering energy from industrial processes, engines, renewable energy sites, and remote operations without moving parts, emissions, or pollution. Designed for heavy industry, telecom, transportation, and space applications.
• Wireless Power Transfer Systems that deliver electricity without physical connectors using near-field inductive coupling, resonant inductive coupling, and far-field microwave and laser transmission. Intended for remote sensors, autonomous systems, industrial sites, electric vehicles, drones, satellites, and harsh-environment applications.
• Long-Term Thermal Energy Storage Heat storage systems that capture, store, and release thermal energy over extended periods using thermal batteries, phase-change materials, and sand/stone heat storage media. Supports renewable energy integration, industrial heat recovery, and dependable energy supply in northern and Arctic communities.

Quantifiable outcome

• Industries like steel and cement can slash emissions by recycling waste heat
• +5 more outcomes

Segments9 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• University of TorontocoreStrategic or Co-development PartnerAdvanced Energy R&D Partner collaborating on thermoelectric technology development, materials validation, and system-level proof of concept. Partnership supports the company's R&D prototyping phase and pilot manufacturing activities.
• McMaster UniversitycoreStrategic or Co-development PartnerAdvanced Energy R&D Partner contributing to research and development of heat-to-power systems, power systems optimization, and technology validation. Supports pilot manufacturing and field testing activities.
• Toronto Metropolitan UniversitycoreStrategic or Co-development PartnerAdvanced Energy R&D Partner engaged in collaborative research on energy technologies. Partnership focuses on practical solutions for heavy industry and remote operations.
• University of WaterloocoreStrategic or Co-development PartnerAdvanced Energy R&D Partner contributing to technology development, innovation in thermal energy systems, and research collaboration for advanced energy solutions.
• CanmetMATERIAL – National LabcoreStrategic or Co-development PartnerNational laboratory partner providing materials research and testing capabilities. Supports materials validation, advanced energy R&D, and technology certification for NISO Energy's systems.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Gentherm: Automotive thermal management technologies including thermoelectric generators for waste-heat recovery in vehicles. Comparable thermoelectric waste-heat-recovery technology but focused on automotive applications.
• Ferrotec: Global manufacturer of thermoelectric modules and materials with a broad industrial portfolio. Comparable to NISO's thermoelectric technology but operates as a diversified incumbent across multiple markets.

Direct peers

• EnergyNest: Norway-based thermal battery provider using concrete-based storage modules for industrial heat recovery and storage. Comparable to NISO's sand/stone heat storage and thermal battery offerings.
• Marlow Industries: Established manufacturer of thermoelectric modules and assemblies for cooling and power generation applications. Closely comparable to NISO's thermoelectric power generation technology platform.
• Rondo Energy: Industrial heat battery company delivering high-temperature thermal storage to heavy industry for decarbonization. Directly comparable to NISO's thermal storage and waste-heat recovery offering in the same primary customer segment.
• Brenmiller Energy: Provider of thermal energy storage (b-Cool, b-Steam) systems for industrial and utility customers. Directly overlaps with NISO's long-term thermal energy storage offering for industrial decarbonization.
• WiTricity: Wireless power transfer company specializing in resonant inductive coupling for EV charging and industrial applications. Directly comparable to NISO's wireless power transfer product line, particularly near-field modalities.
• Malta Inc. Developer of pumped heat electricity storage systems for long-duration grid storage. Comparable in long-duration thermal-to-electrical conversion targeting utility-scale and industrial applications.
• Antora Energy: Thermal storage and carbon blocks that convert intermittent renewable electricity into firm, on-demand heat and power for industrial customers. Closely comparable to NISO's industrial heat-to-power and thermal storage value proposition.

Emerging players

• Phononic: Solid-state thermoelectric cooling and heating solutions for various applications. Comparable underlying thermoelectric technology platform, though primarily focused on cooling rather than NISO's power generation focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/niso-energy-corporation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NISO ENERGY CORPORATION