About Cancrie
As demand for electric vehicles and renewable energy rises, so does the need for efficient and sustainable battery solutions. Most batteries today still rely on non-renewable inputs, generating significant emissions and waste. Cancrie, a clean tech startup based in India, is tackling this challenge head-on by turning coconut shells—an abundant agricultural byproduct—into high-performance nanocarbon materials for energy storage solutions.
Through a patented, low-chemical process, Cancrie transforms coconut shells (a renewable alternative to fossil-derived carbon black) into nanocarbons that improve battery efficiency, extend lifespan by up to 50%, and reduce lifecycle carbon emissions by as much as 60%. Compatible with various battery chemistries, Cancrie’s nanocarbons integrate easily into existing production lines, offering manufacturers a drop-in green solution that lowers costs and improves energy efficiency.
The impact goes beyond technology. By sourcing raw material from small and marginal farmers, Cancrie supports rural livelihoods while advancing the circular economy.
Cancrie at MIF’s Scale-Up
Cancrie joined MIF’s Scale-Up program in March 2025 for its breakthrough use of nanocarbons to improve battery efficiency and sustainability. As a first mover in India’s nanocarbon battery space, Cancrie has the potential to lead this emerging market and transform energy storage.
MIF is supporting the startup with strategic inputs on optimising factory processes, outsourcing select production functions, and strengthening its recruitment for production-focused roles. This bespoke support is designed to help Cancrie scale rapidly and deliver greater impact across the energy ecosystem.
