Cancrie
Powering up energy storage devices using our sustainable advanced material
Jaipur, India · Founded 2021 · $1.2M raised
- Headquarters
- Jaipur
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2B
- Website
- cancrie.co
- Total Funding
- $1.2M
- Last Round
- $1.2M SeedJan 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Cancrie is an advanced materials startup that converts agricultural waste — primarily coconut shells — into high-performance nanocarbon used in lead-acid and lithium-ion batteries. Their patented technology improves battery performance by up to 50% and reduces lifecycle carbon emissions by as much as 60%. Founded by Dr. Akshay Jain, Mahi Singh, and Amitej Rao, Cancrie is helping battery manufacturers and energy storage companies adopt more sustainable, cost-effective materials. The company has been incubated through the Mercedes-Benz Research and Development India Climate Tech Incubator in partnership with Villgro, and has received support from the Marico Innovation Foundation and IIMA Ventures.
Summary
Cancrie is a Clean Tech company based in Jaipur, India, founded in 2021. It has raised $1.2M in total across 1 round, most recently a $1.2M Seed round in Jan 2025. Investors include Roots Ventures, IIMA Ventures and SAGANA.
Tech & App Stack
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Funding History
Jan 2025
Investors
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