OCOChem creates carbon-neutral platform molecules by electrochemically converting recycled carbon dioxide (CO2), water and clean electricity into formic acid and formate chemicals
Solution Effectiveness
OCOchem’s technology contributes to a decarbonized world by replacing extracted fossil fuels as a source of carbon and hydrogen with recycled, captured carbon and water, to make products
Investment Funding
Last Funding Stage
Seed
Total Funding Amount
$7.5M
Last Funding Amount
$5M
Last Funding Date
Nov 15, 2023
Startup Stage
Early-Stage
Lead Investors
Halliburton, Inpex (Energy Exploration), LCY Chemical, MIH Capital Management, TO VC (New York)
People
Founders
Todd Brix
Terry Brix
CEO
Todd Brix
Products
Demo Product or Complete Product?
Development
Awards and Recognitions
Media Apperance
Turbomachinery Magazine, Yahoo, C3 Newsmag
M&A and Collabs
Collab
OCOchem and the U.S. Department of Energy (DOE)’s Pacific Northwest National Laboratory (PNNL) will continue a successful collaboration to make it safer and more affordable to transport clean hydrogen
