When was OCO founded?

OCO was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is OCO located?

OCO is headquartered in Oregon, United States.

How many employees does OCO have?

As of Jul 01, 2024, the latest employee count at OCO is 1 - 10.

Is OCO a funded company?

OCO is a funded company, having raised a total of $7.95M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 21, 2018.

When was the latest funding round of OCO?

OCO's latest funding was a $***** Seed round on Dec 18, 2025, with participation from 0 investor.

Where does OCO rank among its competitors?

OCO ranks 3rd amongst 49 active competitors, of which 21 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Co-reactive, which secured $7.75M in Jan, 2026.

Who are the top competitors of OCO?

OCO's top competitors include LanzaTech, Dioxycle and Equatic. Among them, Co-reactive secured the most recent funding round in January, 2026.

OCO - 2026 Company Profile, Team, Funding & Competitors

Company Details

Manufacturer of green formic acid. It provides solutions to capture and convert carbon into useful products using electrolysis technology. It develops an electrolyzer device that binds CO2 with the hydrogen available in the water to develop organic formate in energy-dense stable and non-flammable liquid form. It can transforms and stores electric energy into chemical energy.

Website: ocochem.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Oregon, United States

Stage

Seed

Total Funding

$7.95M in 6 rounds

Latest Funding Round

Seed, Dec 18, 2025, $*****

Investors

Bend Venture Conference & 10 more

Ranked

3^rd among 49 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Similar Companies

Dioxycle & 15 more

View OCO's full profile

OCO has raised a total funding of $7.95M over 6 rounds. Its first funding round was on Oct 21, 2018. OCO has 11 institutional investors.

Here is the list of recent funding rounds of OCO:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 18, 2025	9994071	Seed	5186003	1293088	1993677	9884483
Nov 15, 2023	8380096	Seed	7951634	3692650	8637091	Halliburton & 3 more
Apr 27, 2022	3120906	Grant (prize money)	7694182	7862478	1143726	Access Washington & 1 more

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View details of OCO's funding rounds and investors

The founders of OCO are Andrey Gabisov and Andrey Lavrov.

Here are the details of OCO's key team members:

Andrey Gabisov: Co-Founder & CMO of OCO.
Andrey Lavrov: Founder & CEO of OCO.

View details of OCO's Founder profiles and Board Members

OCO's employee count trend

OCO has 1 - 10 employees as of Jul 24. Here is OCO's employee count trend over the years:

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Top competitors of OCO include LanzaTech, Dioxycle and Equatic. Here is the list of Top 10 competitors of OCO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LanzaTech 2005, Skokie (United States), Public	Developer of technology converting carbon-rich gases into fuels and chemicals	$869M	Malaysian Life Sciences Capital Fund, British International Investment ... & 28 others	65/100
2nd	Dioxycle 2021, Paris (France), Series A	Developer of technology converting carbon emissions into ethylene	$17M	Breakthrough Energy, Alchemist Accelerator ... & 5 others	58/100
3rd	OCO 2018, Oregon (United States), Seed	Manufacturer of green formic acid	$7.95M	DOE, TO VC & 9 others	52/100
4th	Equatic 2021, Los Angeles (United States), Series A	Developer of carbon dioxide removal technology producing hydrogen as a co-product	$17.8M	Catalytic Capital for Climate and Health, Kibo Invest ... Read more	51/100
5th	Co-reactive 2022, Aachen (Germany), Seed	Provider of tech solutions for correcting greenhouse gas emissions	$7.75M	HTGF, HBG Ventures & 6 others	51/100
6th	enaDyne 2022, Leipzig (Germany), Seed	Developer of plasma technology converting carbon dioxide into chemical resources	$8.23M	Energy Capital Ventures, Possible Ventures ... & 8 others	50/100
7th	RenewCO₂ 2018, Jersey City (United States), Seed	Provider of solutions to convert carbon into monomers and organic chemicals	$7M	Energy Transition Ventures, DNP Group & 8 others	50/100
8th	CarbonFree 2016, San Antonio (United States), Funding Raised	Developer of technologies that capture carbon emissions and transform them	-	BP Ventures, DOE & 1 others	49/100
9th	Visolis 2012, Berkeley (United States), Seed	Developer of bio-based manufacturing platforms	$8M	BlueYard, Cantos Ventures & 12 others	48/100
10th	Again 2020, Copenhagen (Denmark), Series A	Provider of biomanufacturing solutions that convert carbon dioxide into carbon negative chemicals	$56M	Atlantic Labs, Google Ventures & 8 others	47/100