We are working towards solving the critical problem of lithium-ion battery performance and safety. Today, lithium-ion batteries are prone to catastrophic failure (or thermal runaway). Such failure events can have devastating effects on life and property. This is a problem that will continue to compound in the coming decade, due to increasing power and energy density requirements needed for electric vehicles (EV) and grid energy storage. Consequently, there is an imminent need for new enabling sensors and systems that can ensure battery performance, reliability and safety, where existing technologies (temperture, voltage and current sensors) are deficient. At Serinus Labs, we are addressing this critical problem with LiCANS ('Lithium-ion Cell Analyte Nano Sensor'). LiCANS is an integrated gas sensing system based on our proprietary ultra-low power gas sensing technology. Lithium-ion batteries are known to vent certain gases in trace quantities well in advance of catastrophic failure and during certain seemingly normal operating conditions. LiCANS can sensitively sniff out these trace gases providing actionable intelligence for optimizing battery performance and enhancing safety. By equipping every lithium-ion battery pack with LiCANS, we are aiming to push trace gas venting as a critical but undervalued state of health (SOH) monitoring parameter, on a broad scale.