OCO INC

Richland, WA · Founded 2016 · Energy · Acquired

Platform converting CO2 and renewable electricity into e-formic acid (formic acid)

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Updated · ocochem.com

Sector
Energy
Headquarters
Richland, WA
Founded
2016
Latest Form D
$2.1M, Jan 2026
Total capital
$7.8M
Federal grants
$920K
3 awards · 2020–2021
Rank in peer group#1 of 32
Private capital raised
$6.9M
3 Form D · last Jan 2026
10 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
0
1 pending

Capital timeline

20182020202220242026FEDERAL ↑EQUITY ↓Cumulative $7.8M$111K$240K$569K1st Form D$200K2nd Form D$4.6M3rd Form D$2.1M
20182020202220242026FEDERAL ↑EQUITY ↓Cumulative $7.8M$111K$240K$569K1st Form D$200K2nd Form D$4.6M

Latest events

  • Private capital raisedForm D · SEC · 3rd filing$2.1M
  • Private capital raisedForm D · SEC · 2nd filing$4.6M
  • Federal grantDefense · Phase II · On-site Electro-synthesis of Potassium Formate from Recycled CO2 - Phase II$569K
  • Federal grantEnergy · Phase I · High Aspect Ratio CO2 Reduction Electrolyzer Via Novel Gas Diffusion Electrode - Design$240K
  • Federal grantDefense · Phase I · On-site Electro-synthesis of Potassium Formate from Recycled CO2$111K
  • Private capital raisedForm D · SEC · 1st filing$200K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 32 peers

Line = median

Energy · Device

  • Federal grants#1 · top 3%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Todd BrixResearcherExecutive Officer, Director, PromoterLinked by $111K in grants as PI
  • Arthur Terry BrixExecutive Officer, DirectorNamed in SEC Form D filings
  • Joshua Terry PhitoussiDirectorNamed in SEC Form D filings
  • Terry BrixExecutive Officer, Director, PromoterNamed in SEC Form D filings

What it has protected

USPTO · 0 granted of 1
  • PendingMethod Of Producing Formic AcidUSPTOApplication 18957549

Regulatory activity · Energy

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .