Spacetech startup Cosmoserve raises $6M in seed round
Cosmoserve Space, a Hyderabad-based spacetech startup focused on satellite servicing and space debris recovery, closed a $6 million seed funding round led by Japan's Rebright Partners and including Aranya Holdings and Naandi Ventures, with participation from existing investors AUM Ventures and Shakti VC. The company simultaneously opened Base 1, a dedicated facility for designing, building, testing, and operating satellite servicing and debris recovery systems, featuring orbital rendezvous labs, space robotics innovation labs, and mission control centers. Cosmoserve sources 60% of mission components locally and has already flown its first payload on an Indian rocket.
Key points
- $6M seed round from Rebright Partners and others; $9M+ total raised
- Focuses on satellite servicing and space debris recovery
- Opened Base 1 facility for design, build, test, and operations
- 60% local component sourcing; first payload flown on Indian rocket
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