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OCO Chem
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Developer of a process for electro-catalytically converting carbon dioxide into formic acid

Founded in 2016
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Company type Private Public ()
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Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Richland, WA Richland, United States
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Updated by Todd Brix at OCO Inc. on 03/07/2024

Edited by Cleantech Group on 04/01/2025

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Date Company
09/30/2022

US Army US Army

OCOchem was awarded an exclusive contract by the US Army to develop a commercial-grade industrial-scale modular field prototype of OCOchem's Carbon Flux Electrolyzer which makes alkali formates or formic acid from just CO2, water and electricity

Confirmed by US Army
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Date Partner Type
12/01/2022
Plug and Play Tech Center Plug and Play Tech Center
Part of Japan KK Winter batch 2022-2023 (Dec-March)
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Confirmed by Plug and Play Tech Center
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Date Investors Type Amount
11/16/2023 TO VC TO VC , Inpex Corporation Inpex Corporation , LCY BoWei Lee Family Office LCY BoWei Lee Family Office , MIH Capital MIH Capital , Halliburton Labs Halliburton Labs (5)
Post-money valuation of
Funds will be used to scale modular carbon conversion technology to industrial proportions and build a pilot plant for commercial demonstration operations.
 Seed $5,000,000
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Hydrogen

OCOchem generates green hydrogen from green formic acid by decomposing formic acid at a customer site achieving 95% lower hydrogen distribution costs

 Product Development Products - Wholesale
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