OCO
Richland, US · Founded 2016 · 2 known investors
Find your way into OCO
OCOchem develops an electrochemical process that converts CO2 into formic acid (hydrogen formate) using only electricity and water, aiming to undercut the cost of the fossil-fuel-based version. The company targets the renewable chemicals and industrial decarbonization market.
Founders & leadership
OCO was founded in 2016 by Todd T. Brix.
Board

Investors · 2
Reported raises · per SEC filings
Form D private placements$6.9M disclosed across 3 rounds · 2018–2025
▶$2.1MraisedJan 2026 · 6 investors · ManufacturingRule 506(b)
- Todd Thoreau BrixExecutive Officer, Director
- Joshua PhitoussiDirector
- Arthur Terry BrixExecutive Officer, Director
- Offering amount
- $2.1M
- Amount sold
- $2.1M
- Minimum investment
- $100K
- First sale
- Dec 2025
- Incorporated
- Corporation, Washington
- Federal exemptions
- 06b
▶$4.6MraisedOct 2023 · 5 investors · ManufacturingRule 506(b)
- Joshua PhitoussiDirector
- Arthur Terry BrixExecutive Officer, Director
- Todd Thoreau BrixExecutive Officer, Director
- Offering amount
- $5.4M
- Amount sold
- $4.6M
- Minimum investment
- $25K
- Proceeds to insiders
- $250K
- First sale
- Oct 2023
- Incorporated
- Corporation, Washington
- Federal exemptions
- 06b
▶$200KraisedNov 2018 · 2 investors · Other TechnologyRule 506(b)
- Todd BrixExecutive Officer, Director, Promoter
- Terry BrixExecutive Officer, Director, Promoter
- Offering amount
- $400K
- Amount sold
- $200K
- Minimum investment
- $50K
- First sale
- Nov 2018
- Incorporated
- Corporation, Oregon, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 1
by search overlapCompanies competing with OCO for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 4 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. ArmyArmy | Phase II | 2021 | $568.5K |
| ARPA-E | Phase II | 2021 | $254K |
| ARPA-E | Phase I | 2021 | $239.9K |
| U.S. ArmyArmy | Phase I | 2020 | $111.5K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does OCO do?
- OCOchem develops an electrochemical process that converts CO2 into formic acid (hydrogen formate) using only electricity and water, aiming to undercut the cost of the fossil-fuel-based version. The company targets the renewable chemicals and industrial decarbonization market.
- Who founded OCO?
- OCO was founded by Todd T. Brix in 2016.
- Who are OCO's investors?
- OCO's investors include Launch Alaska Investment Fund, TO VC.
- How much funding has OCO raised?
- OCO has disclosed $6.9M raised across 3 rounds.
- Where is OCO headquartered?
- OCO is headquartered in Richland, US.

