Cosmoserve Secures $6M to Advance Space Debris Removal Technology

Cosmoserve Space has raised $6 million in a seed funding round led by Japan’s Rebright Partners. The round included participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC increased their stakes. The company has raised over $9 million since its inception last year.

The startup is developing soft-robotic capture technology designed to remove defunct satellites and orbital debris. Following a technical failure during its inaugural Mission Embrace-1—where the robotic capture mechanism failed to deploy—the company has redesigned its thermal release systems. Cosmoserve is now preparing for the Embrace-2 mission to validate these improvements.

Concurrent with the funding, the company inaugurated Base 1 in Hyderabad, a facility capable of simulating microgravity and space-like visual conditions. The site includes clean rooms and laboratories intended to boost in-house manufacturing, aiming to reduce reliance on imported avionics and optics. The facility represents an investment of approximately ₹6 Cr.

Founder Chiranjeevi Phanindra, a veteran of the Indian Space Research Organisation, aims to reach full commercial operations by 2028. The company is currently targeting its first paid customer, citing letters of intent from satellite operators in the US, Europe, and India as the global regulatory environment for orbital cleanliness becomes increasingly stringent.