Hyderabad-based spacetech startup Cosmoserve Space has raised $6 million in a seed funding round led by Japan-based Rebright Partners as it strengthens its space debris removal technology and prepares for commercial operations by 2028.
Rebright Partners Leads $6 Mn Funding Round
The funding round also saw participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC increased their investments in the company.
Cosmoserve plans to deploy the fresh capital towards technology demonstrations, two upcoming space missions and expanding the operations of its newly inaugurated facility in Hyderabad.
The facility marks a significant milestone for India’s private space sector as the country’s first private space debris removal facility.
Startup Focuses on Space Debris Removal Technology
Cosmoserve is developing technologies to address the growing challenge of orbital debris, which includes defunct satellites and other discarded objects orbiting Earth. With the increasing number of satellites in space, removing non-functional objects has become important for ensuring safer and more sustainable space operations.
As part of its development roadmap, Cosmoserve plans to launch another mission in the coming months to validate its soft robotic capture technology. The technology is designed to capture and remove defunct satellites and orbital debris from space.
Commercial Operations Targeted for 2028
The company plans to conduct another technology demonstration next year to further validate its capabilities before moving towards commercial deployment.
Cosmoserve aims to begin commercial operations by 2028, positioning itself in the emerging market for in-orbit servicing and space debris removal.
Strengthening India’s Private Space Ecosystem
The latest funding and the inauguration of its Hyderabad facility highlight Cosmoserve’s efforts to build capabilities in an emerging segment of the global space economy.
With increasing satellite launches and growing dependence on space-based infrastructure, technologies supporting satellite maintenance, orbital servicing and debris removal are gaining importance.
By developing soft robotic capture systems and investing in mission-based technology demonstrations, Cosmoserve aims to contribute to making space operations safer and more sustainable.
The $6 million funding round will support the startup’s next phase of technology development and mission execution as it works towards bringing its space debris removal solutions closer to commercial readiness by 2028.
By: Sejal Thakur
