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Climate startup OCOchem, which recycles CO2 into fuels and chemicals, lands $5M

Lisa Stiffler of GeekWire writes on a climate startup that has just landed $5 million.

The C3 Take
  • OCOchem collects industrial carbon dioxide and turns it into chemicals that are used to create fertilizers, clean hydrogen, and other products.
  • OCOchem is working with the U.S. Army to develop a process that converts CO2 into potassium formate, which can be used to deice runways, replacing a product that can cause corrosion.
  • The company is also working with the Port of Tacoma to develop a system a system for generating formic acid and hydrogen fuel, which can provide power and replace diesel generators at the port.

“The approach has two climate benefits, said CEO and co-founder Todd Brix. First, it uses CO2 that’s captured as an industrial waste from facilities such as biogas and bioenthanol producers or it’s pulled from the atmosphere using a direct air capture device. Second, it generates formic acid and other formate chemicals that can replace fossil fuels as a feedstock for fuels and other products.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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