OCOchem

About OCOchem

OCOchem is a climate tech company focused on converting carbon dioxide (CO2) into sustainable organic molecules through a process called CO2 Electrolysis. Their mission is to use, not waste, CO2 by developing technology to create organic molecules at a lower cost than fossil fuels, thereby accelerating decarbonization. They aim to displace fossil fuel use in chemical, material, and fuel production, while addressing carbon emissions and providing affordable solutions for customers seeking to reduce their carbon footprint.

Products & Services

Hydrogen Formate:A platform molecule produced via CO2 Electrolysis using the proprietary Carbon FluX Electrolyzer™. It serves as a precursor for various chemicals, fuels, and materials, and can be decomposed to yield hydrogen or syngas. Used in applications like crop preservation, fertilizers, solvents, deicing salts, and more.

Carbon FluX Electrolyzer™ Systems:Modular cell stack systems designed to transform captured CO2 and clean electricity into formate. These systems operate at ambient conditions and are deployed in scaled-out arrays for flexible production.

Specialties

CO2 Electrolysis Carbon Conversion Hydrogen Formate Production Green Chemistry Sustainable Organic Molecules Electrochemical R&D

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Seed T: - FT: Seed	A: 5000000 MR: - FA: $5 million FAN: 5000000	D: 2023-11-15 FD: 2023-11-15	5 investors
2	RT: Grant T: - FT: Grant	A: 2500000 MR: - FA: $2.5M FAN: 2500000	D: 2023-06-01 FD: 2023-06-01	1 investors

Seed Latest

2023-11-15

$5.0M

5 investors (Pro only)

Grant 2023-06-01

$2.5M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

T

Todd T. Brix

CEO and Co-Founder

A

Arun S. Agarwal

Chief Technology Officer

A

A.T. Terry Brix

Chairman, Chief Strategy Advisor

Recent News

OCOchem Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised