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OCOchem logo — Converting Carbon. Storing Energy.

OCOchem

Converting Carbon. Storing Energy.

Founded 2017 United States Richland, United States 17 employees Seed Total: $13.06M Sustainability, Energy Storage

General Information

Company Name OCOchem
Founded Year 2017
Location United States Richland, United States
Founders / Decision Makers
Team member
Employees 17
Industries Sustainability, Energy Storage
Funding Stage Seed
Social

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About OCOchem

OCOchem, founded in 2017, operates in the Sustainability and Energy Storage industries, with its headquarters in the United States. The company’s slogan, “Converting Carbon. Storing Energy.,” aptly encapsulates its mission. By developing innovative CO2 electrolysis technology, OCOchem not only tackles atmospheric decarbonization but simultaneously produces sustainable and cost-effective molecules.

Through the conversion of recycled CO2 into hydrogen formate using water and clean electricity, OCOchem stands out as a key player in addressing climate change while providing energy solutions. Their recent $5.00M Seed Round on October 27, 2023, backed by notable investors such as MIH Capital Management, INPEX Corporation, TO ventures, and Halliburton Labs, marks a significant milestone, illustrating strong confidence and future growth potential in the clean energy sector.

Business keywords: CO2 Electrolysis, Hydrogen Formate, Carbon Utilization, Decarbonization, Formic Acid Production, Green Chemistry, Electrochemical Technology, Hydrogen Carrier, Energy Storage, Clean Hydrogen, CO2 Reduction, Sustainable Molecules, Recycled CO2, CO2 Regeneration, Electrolyzer Technology

Services & Products

Production of hydrogen formate through CO2 electrolysis
Development and scaling of Carbon FluX Electrolyzer
Partnerships for building and operating carbon conversion facilities
Manufacturing and selling formate molecules

Target Customers

Agriculture industry Energy industry Transportation sector Chemical manufacturing companies Industries seeking to reduce carbon footprint Organizations interested in sustainable and cost-effective solutions

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.00M 4
MIH Capital Management INPEX Corporation
MIH Capital Management, INPEX Corporation +2
27 Oct 2023
Grant $1.10M 1
US Army
19 Sep 2022
Grant $1.20M 1
US Department of Energy
25 Apr 2022
Grant $1.50M 1
Washington state Department of Commerce
04 Apr 2022
Grant $1.50M 1
Washington state Department of Commerce
10 Mar 2022
Grant $500.00K 1
ARPA-E
29 Jul 2021
Grant $400.00K 1
US Department of Energy
07 Jul 2020
Grant $160.00K 1
US Army
21 May 2020
Grant $1.50M 1
US Department of Energy
20 May 2020
Seed Round $200.00K 1
Bend Venture Conference
Bend Venture Conference
19 Oct 2018

OCOchem Alternatives & Competitors

View All Alternatives
OCOchem vs
KRAFTBLOCK
KRAFTBLOCK Germany

Kraftblock - rethinking energy-storage.

Series B
41 employees
ESG, Energy
OCOchem vs
Onyx Renewable Partners L.P.
Onyx Renewable Partners L.P. United States

Creating the bridge from today’s clean energy reality to tomorrow’s possibilities.

Debt Financing
67 employees
ESG, Energy
OCOchem vs
CYTOK - hydrogen pirates
CYTOK - hydrogen pirates Germany

🔵We capture hydrogen and make it count!🟢

8 employees
Energy, Renewable Energy
View all alternatives

FAQ About OCOchem

Converting Carbon. Storing Energy.
OCOchem was founded in 2017.
OCOchem is headquartered in Richland, United States.
OCOchem operates in Sustainability and Energy Storage. Its work centres on CO2 Electrolysis, Hydrogen Formate, Carbon Utilization and Decarbonization. Its customers include Agriculture industry, Energy industry and Transportation sector.
OCOchem has approximately 17 employees.
OCOchem has completed 10 funding rounds, raising a total of $13.06M. The latest funding stage is Seed.
OCOchem offers: Production of hydrogen formate through CO2 electrolysis, Development and scaling of Carbon FluX Electrolyzer, Partnerships for building and operating carbon conversion facilities, Manufacturing and selling formate molecules.
Top alternatives and competitors to OCOchem include KRAFTBLOCK, Onyx Renewable Partners L.P., CYTOK - hydrogen pirates, NitroVolt. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OCOchem and KRAFTBLOCK are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OCOchem, https://bouncewatch.com/company/ocochem, updated 10 August 2026. When citing, please name BounceWatch and link this page.

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