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 Jun 30, 2026, the latest employee count at OCO is 16.

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. Its primary sector is Air Pollution Management Tech. In United States, the Air Pollution Management Tech sector has seen $457M in funding in 2026 to date.

Where does OCO rank among its competitors?

OCO ranks 5th amongst 55 active competitors, of which 23 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Trillium Renewable Chemicals, which secured $16M in Jun, 2026.

Who are the top competitors of OCO?

OCO's top competitors include LanzaTech, Dioxycle and Trillium Renewable Chemicals. Among them, Trillium Renewable Chemicals secured the most recent funding round in June, 2026.

OCO - 2026 Company Profile, Team, Funding & Competitors

OCO is a seed company based in Oregon (United States), founded in 2018 by Andrey Gabisov and Andrey Lavrov. It operates as a Manufacturer of green formic acid. OCO has raised $7.95M in funding from investors like Bend Venture Conference, Halliburton Labs and TO VC. The company has 55 active competitors, including 23 funded and 3 that have exited. Its top competitors include companies like LanzaTech, Dioxycle and Trillium Renewable Chemicals.

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

5^th among 55 active competitors

Employee Count

16 as on Jun 30, 2026

Similar Companies

Dioxycle & 17 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	1852870	Seed	7707524	1436395	6325195	5713189
Nov 15, 2023	4862754	Seed	3548358	3701605	5017792	Halliburton & 3 more
Apr 27, 2022	5140818	Grant (prize money)	2054943	8285820	6888009	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 16 employees as of Jun 26. Here is OCO's employee count trend over the years:

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Top competitors of OCO include LanzaTech, Dioxycle and Trillium Renewable Chemicals. 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, Novo Holdings ... & 28 others	70/100
2nd	Dioxycle 2021, Paris (France), Series A	Developer of technology converting carbon emissions into ethylene	$17M	Alchemist Accelerator, Breakthrough Energy ... & 5 others	62/100
3rd	Trillium Renewable Chemicals 2021, Knoxville (United States), Series B	Manufacturer of green acrylonitrile and acetonitrile from biorenewable feedstocks	$50.9M	Hshyosungadvancedmaterials, HYOSUNG ADVANCED MATERIALS ... & 3 others	54/100
4th	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	53/100
5th	OCO 2018, Oregon (United States), Seed	Manufacturer of green formic acid	$7.95M	DOE, Bend Venture Conference & 9 others	53/100
6th	Co-reactive 2022, Aachen (Germany), Seed	Provider of tech solutions for correcting greenhouse gas emissions	$7.75M	HTGF, HBG Ventures & 6 others	53/100
7th	enaDyne 2022, Leipzig (Germany), Seed	Developer of plasma technology converting carbon dioxide into chemical resources	$8.23M	Energy Capital Ventures, Possible Ventures ... & 8 others	52/100
8th	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
9th	M2X Energy 2020, Rockledge (United States), Series B	Provider of mobile methane-to-methanol conversion systems	$80.3M	Breakthrough Energy, Conifer Infrastructure Partners ... & 4 others	50/100
10th	Matereal 2023, Lone Tree (United States), Seed	Provider of chemical decarbonization solutions	$4.5M	Collab Fund, Better Ventures & 6 others	48/100