[00:00:06] Hi, I'm Nicolola, CEO and co-founder of Pronoe. Pronoe is the Greek marine goddess of the forethought and is also the name of the project we work on, aiming at actively restoring coastal ecosystems and coastal carbon sinks.
[00:00:22] So at Pronoe, we restore the ocean's natural capacity to capture and permanently store CO2 from the air. We do that by developing and deploying compact automated water treatment systems that we plug in downstream of existing industrial sites with a return flow to the sea, effectively making this return flow less acidic or more alkaline within applicable regulations.
[00:00:44] So Pronoe is a deep tech startup. We are about 2 years old. We have a team of 10 people, mostly technical profiles, engineers and PhDs, working on the process innovation that we bring to the market.
[00:01:01] The idea behind Pronoe started in 2022 when the last IPCC report came out, highlighting that on top of drastic and rapid reduction in CO2 emission, we do need CO2 removal if we are to reach net zero in 2050.
[00:01:16] So there was a whole ideation phase during which I met my co-founder Juan, who is a PhD in process design with field experiment in water treatment. We set up the company about two years ago and validated essentially the main assumption beyond our venture in terms of technology feasibility. We built a lab scale pilot and we currently... so we raised a pre-seed and are currently working towards the first industrial demonstration.
[00:01:47] So the specific project we came up with with Sopra Steria is essentially composed of two work streams. Work stream one is about exploring, documenting, and presenting the applicability of our technology in the specific context of seawater-cooled data centers.
[00:02:04] And we have a second work stream whereby we will work at an innovative environmental monitoring approach. Essentially fitting bivalves or shellfish with IoT sensors coupled with AI to monitor their physiological response in the context of a return flow to the sea and hence monitor the environmental impact of our partners and of our activities.
[00:02:35] So mostly this year, we are focused on deploying this technical demonstration of our innovative technology. We're going to deploy it at a desalination plant in Spain, and this system will be able to remove over 150 tons of CO2 per year. So that's the first step. We then aim at deploying larger systems of 10,000 and 50,000 tons of CO2 per year per site.