Spacetech Startup Cosmoserve Nets $6 Mn, Eyes Commercialisation By 2028
Cosmoserve Space, which develops technology for removing defunct satellites and orbital debris, secured $6 million in seed funding from Japan-based Rebright Partners, with participation from Aranya Holdings, Naandi Ventures, and returning investors AUM Ventures and Shakti VC. The capital will fund technology demonstrations, two upcoming missions, and operations at the startup's Hyderabad facility. Since its inception last year, Cosmoserve has raised over $9 million total and doubled its valuation since September pre-seed funding. The startup aims to commercialize debris removal by 2028 by developing cost-effective in-orbit refueling capabilities to handle multiple pieces of debris per missio
Key points
- Cosmoserve raised $6M seed led by Rebright Partners; $9M+ total since inception
- Develops cost-effective orbital debris removal with in-orbit refueling tech
- Plans commercialization by 2028; previous test mission had robotic capture issues
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