Hyderabad-based Cosmoserve Space has raised $6 million funding in a seed round from Japan-based Rebright Partners, Aranya Holdings, Naandi Ventures and existing investors AUM Ventures and Shakti VC. The latest investment takes the company's total funding to more than $9 million.
Key Highlights
- Hyderabad-based Cosmoserve Space raised $6 million in seed funding, taking its total capital raised to more than $9 million.
- The startup plans a full-scale space debris capture demonstration in 2027 after testing its robotic capture systems.
The fresh $6 million funding will support the development of Base 1, technology demonstrations and two upcoming missions, the company said in a press release. The funding follows its $3.17 million pre-seed round in September 2025, which was led by Alan Rutledge, with participation from AUM Ventures and Shakti VC.
Hyderabad-based Cosmoserve Space Raises $6 Million to Advance Satellite Servicing
Alongside the funding announcement, Hyderabad-based Cosmoserve Space inaugurated Base 1, a private facility dedicated to space debris removal and satellite servicing. The facility is designed to support the development and testing of technologies for in-orbit repairs, satellite refuelling and the recovery of defunct satellites.
According to the company, Base 1 is the world's sixth facility equipped with space vision effects and microgravity simulation capabilities. It brings together infrastructure for designing, building, testing and operating technologies required for satellite servicing and space debris recovery.
The facility is expected to play a role in developing the technologies needed for the company's upcoming missions and orbital demonstrations.
Cosmoserve Space Focuses on Indigenous Manufacturing
Cosmoserve currently sources nearly 60% of its mission components locally. The startup aims to increase domestic manufacturing by developing critical technologies in-house and reducing its dependence on imported optics, avionics and space-grade electronics.
The focus on local sourcing is part of its broader effort to build capabilities across satellite servicing and orbital infrastructure. Developing these technologies domestically could also help the company strengthen its control over mission hardware and related systems.
Cosmoserve Space's Mission Embrace and First Payload Flight
In July 2026, Cosmoserve flew its first payload, Mission Embrace, aboard Skyroot Aerospace's Vikram-1 rocket. The flight hardware was developed in less than four months, six months ahead of schedule.
However, the mission did not achieve all its intended objectives, as the robotic capture petals failed to deploy as planned. The flight nevertheless provided the company with data that can support further development of its robotic capture technology.
Cosmoserve plans to reflight Mission Embrace and test its robotic capture systems through microgravity flights as part of its next development phase.
Cosmoserve Space Develops Dual Spacecraft Architecture
Founded in 2025 by Chiranjeevi Phanindra, Cosmoserve Space is developing a proprietary Dual Spacecraft Architecture intended to make orbital servicing more cost-efficient.
The model uses two spacecraft to service multiple satellites rather than relying on the conventional one-to-one recovery approach. According to the startup, this architecture could reduce satellite servicing costs from approximately $10 million to below $1 million per satellite.
The approach is aimed at making in-orbit services more economical and supporting the recovery, maintenance and servicing of satellites already operating in space.
Also Read: Startup Funding Report: 28 Firms Raise $115 Mn in the Latest Week
Cosmoserve Space Plans Space Debris Capture Demonstration in 2027
Cosmoserve's upcoming plans include testing robotic capture systems through microgravity flights, reflighting Mission Embrace and conducting a full-scale space debris capture demonstration in 2027.
The latest seed round will support these development activities, along with the expansion of Base 1 and the company's technology demonstrations.
Cosmoserve is part of India's growing spacetech ecosystem, which includes startups working across launch vehicles, satellite manufacturing, space data and orbital infrastructure. Hyderabad has also developed as a spacetech hub, supported by its aerospace and defence ecosystem, engineering talent and research infrastructure.
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