Cosmoserve Space raises $3.17 Mn in pre-seed round

Hyderabad-based space technology startup Cosmoserve Space, has raised $3.17 million in an oversubscribed pre-seed round led by angel investor Alan Rutledge via US-based investment firm AVCF.

The round also saw participation from AUM Ventures, Shakti VC and one of the earliest google investors Ram Shriram.

The funds will be used to speed up R&D, grow the engineering team, and begin prototypes for the debris mitigation technology.

Read also- Agritech startup Bharat Intelligence raises in Rs 7 Cr in Pre-Seed round

"The capital will be used to strengthen the startup’s team and build facilities to do testing on-ground. Eventually, we will be launching in space to do an in-space demonstration by the end of next year,” said, Chiranjeevi Phanindra, founder of Cosmoserve space.

“Cosmoserve is training to remove any space junk, irrespective of the size and shape. Even if it is a non-cooperative object or an unprepared target, we’ll be able to remove it,” Phanindra said.   

About Cosmoserve Space

Founded this year by Dr. Chiranjeevi Phanindra, former ISRO scientist and Deputy Project Director of India’s Gaganyaan mission, Cosmoserve Space is developing autonomous robotic spacecraft to tackle the growing problem of orbital debris, protecting satellites, space stations, and future missions. 

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The startup incubated at T-Hub in Hyderabad blends advanced robotics with deep aerospace expertise to create a safer and more sustainable space ecosystem.

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