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OCOchem Raises $2.15 Million for CO2 Conversion Technology Amid Climate Tech Challenges

ELECTROLYZERHYDROGEN

OCOchem, a clean tech startup in Richland, Washington, has secured $2.15 million in funding, raising its total to $11.2 million, to advance its technology that converts captured CO2 and water into formic acid and formate compounds. The company has formed partnerships with German firm b.fab and ADM to enhance its applications and is leveraging legislative support to improve conditions for carbon reuse technologies. Founded in 2017, OCOchem operates a facility that recently shipped formate for use as a deicing agent, amidst growing competition in the EU.

OCOchem Raises $2.15 Million for CO2 Conversion Technology Amid Climate Tech Challenges
Jan 15, 2026, 1:49 PM

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