Cancrie - About the company
Cancrie is a seed company based in Jaipur (India), founded in 2020 by Mahi Singh and Akshay Jain. It operates as a Developer of nanocarbon material from waste for energy storage devices. Cancrie has raised $1.32M in funding from Roots Ventures. The company has 134 active competitors, including 14 funded and 14 that have exited. Its top competitors include companies like UP Catalyst, Epsilon Carbon and CarbonX.
Company Details
Developer of nanocarbon material from waste for energy storage devices. The material is designed for use in batteries and capacitors. The technology aims to deliver high performance with simplified deployment. It focuses on increasing cycle life, capacity, and efficiency in energy storage.
- Website
- cancrie.co
- Email ID
- *****@cancrie.co
- Phone Number
- +91 **********
- Registered Address
- 52/140 Pratap Nagar, Jaipur, Sanganer, Rajasthan, India, 302033
Key Metrics
Founded Year
2020
Location
Jaipur, India
Stage
Seed
Total Funding
$1.32M in 2 rounds
Latest Funding Round
Investors
Ranked
9th among 134 active competitors
Annual Revenue
₹1.13Cr as on Mar 31, 2025
Employee Count
9 as on Apr 30, 2026
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Legal entities associated with Cancrie
Cancrie is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CANCRIE PRIVATE LIMITED CIN: U37200RJ2020PTC070052 , India, Active | Aug 02, 2020 | $134K (As on Mar 31, 2025) | - |
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Cancrie's funding and investors
Cancrie has raised a total funding of $1.32M over 2 rounds. Its first funding round was on Sep 13, 2021. Its latest funding round was a Seed round on Jan 22, 2025 for $*****. 4 investors participated in its latest round. Cancrie has 5 institutional investors.
Here is the list of recent funding rounds of Cancrie:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 22, 2025 | 5240335 | Seed | 1905788 | 7271968 | 4132933 | 2910416 |
Sep 13, 2021 | 6490984 | Seed | 2725290 | 9504610 | 7398961 |
View details of Cancrie's funding rounds and investors
Cancrie's founders and board of directors
Founder? Claim ProfileHere are the details of Cancrie's key team members:
- Mahi Singh: Co-founder of Cancrie and founder of 1 other company. They serve on the board of 1 company.
- Akshay Jain: Co-Founder of Cancrie. They serve on the board of 1 company.Contact Info: 1 email address
Cancrie's Board of Directors
Cancrie's board has 2 active members. Mahi Singh and Akshay Jain are part of team.Here is the list of Cancrie's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 6m | |
Team | - | Current | 4y 10m |
View details of Cancrie's Founder profiles and Board Members
Cancrie's employee count trend
Cancrie has 9 employees as of Apr 26. Here is Cancrie's employee count trend over the years:
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Cancrie's Competitors and alternates
Top competitors of Cancrie include UP Catalyst, Epsilon Carbon and CarbonX. Here is the list of Top 10 competitors of Cancrie, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | UP Catalyst 2019, Tallinn (Estonia), Seed | Provider of carbon nanomaterials sourced from waste biomass | $7.5M | 59/100 | |
2nd | Epsilon Carbon 2010, Mumbai (India), Funding Raised | Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives | - | 56/100 | |
3rd | CarbonX 2014, Amsterdam (Netherlands), Series A | Manufacturer of nanosized carbon structures | $20.2M | 53/100 | |
4th | Birla Carbon 1988, Mumbai (India), Public | Manufacturer of carbon black additives | - | 51/100 | |
5th | 5E Advanced Materials 2016, Hesperia (United States), Public | Provider of advanced decarbonization materials | - | 47/100 | |
6th | Glo-USA 2003, Sunnyvale (United States), Acquired | Nanotechnology based LED technology provider | $161M | 46/100 | |
7th | Developer of advanced materials for energy storage and printed electronics | - | 43/100 | ||
8th | Orion Engineered Carbons 2011, Niederanven (Luxembourg), Public | Producer and suppliers of carbon black | - | 43/100 | |
9th | Developer of nanocarbon material from waste for energy storage devices | $1.32M | 44/100 | ||
10th | Advanced Nano 2000, Seoul (South Korea), Public | Manufactures Nano Material for display, printed electronics, semicondustors and others | - | 41/100 |
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Cancrie's Investments and acquisitions
Cancrie has made no investments or acquisitions yet.
News related to Cancrie
•
Energy Storage Firm Cancrie Raises $1.2 Million in Maiden Funding RoundMercom India•Jan 29, 2025•Cancrie, Roots Ventures, IIMA Ventures
•
Cancrie raises $1.2 Mn in seed funding roundEntrackr•Jan 22, 2025•Cancrie, Roots Ventures, IIMA Ventures
•
Jaipur-based start-up begins making nanomaterials for batteries from agri wastesBusiness Line•Jan 09, 2024•Cancrie
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