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Funding · 5 November 2026Cosmoserve Space$6MSatellite servicing and debris removalcosmoserve.pages.dev ↗

Cosmoserve Space raises $6M seed, opens Hyderabad base

By · Editor ·

SeedHyderabadFounded 2024
  • Cosmoserve Space is a Hyderabad spacetech startup building spacecraft that repair, refuel and clear dead satellites and debris from orbit
  • It closed a $6 million seed round with Japan's Rebright Partners joining earlier backers, lifting total funding above $9 million, and opened its Base 1 facility
  • The new site has robotics, clean room and mission control labs, and the firm sources about 60 per cent of mission parts locally

What happened

  • Cosmoserve raised a $6 million seed round.
  • Japan's Rebright Partners joined existing investors.
  • Total funding now crosses $9 million.
  • The firm opened Base 1 in Hyderabad for building and testing servicing craft.
  • Base 1 holds a capture lab, robotics lab, clean room and control centre.

Why it matters

  • Dead satellites and debris threaten working spacecraft.
  • Cheaper servicing could cut the cost per satellite from about $10 million to under $1 million.
  • Local sourcing reduces dependence on imported optics and electronics.

The business

  • Builds spacecraft for satellite repair, refuelling and debris removal.
  • Uses two craft: a larger service station acting as an in-orbit hub and a smaller service vehicle that captures or repairs satellites.
  • Designed to serve up to 100 satellites.
  • Plans to build more critical technology in-house.

The founders

Chiranjeevi Phanindra

Founder and CEO
in
  • Former ISRO scientist

Who put in money

  • Rebright Partners new investor — Japan-based investor
  • Aranya Holdings existing investor
  • Naandi Ventures existing investor
  • AUM Ventures existing investor
  • Shakti VC existing investor

In numbers

over $9MTotal funding · 2026
about 60%Local sourcing of mission parts · 2026

What happens next

  • Develop more critical technologies in-house

Earlier rounds

  • Seed: $6M

Words to know

Seed round
An early funding round for a young company.

The numbers around it

Cosmoserve Space has 2 funding rounds in StopDown's archive, over $9M raised in all.

#The numbers around it
WhenRoundAmountLed by
21 January 2026seed$3.77 Mn

AI & Deep Tech in November 2026: 5 rounds with a disclosed amount, $129 million in all; the biggest was Agrani Labs ($100M). Every sector this year →

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Terms in this story

  • Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at little extra cost. India also has a legal definition for scheme benefits: under ten years old, turnover under ₹200 crore, and working on innovation or a scalable model.
  • Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a listing or a sale. Each step is larger and asks for more proof. In India, Series A rounds run from a few million dollars to about $15 million, as of November 2026.
  • Seed round: Pre-seed and seed are the first money a startup raises from outside investors. The difference is how much has been built when the cheque arrives: pre-seed backs an idea or prototype, usually with a cheque under ₹5 crore, while seed backs an early product and runs from a few crore rupees to a few million dollars.

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