Browsing: OCOchem

OCOchem, a promising startup based in Richland, Washington, has recently raised approximately $4.5 million in new funding. This move, disclosed through a filing with the U.S. Securities and Exchange Commission, signifies the company’s growing prominence in the sector and hints at its ambition to revolutionize hydrogen transportation.

Clean fuel and chemical innovator OCOchem, in partnership with the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL), has secured a $2.5 million funding award from the DOE to further their collaboration in developing safer and more affordable methods for transporting clean hydrogen.