Hyderabad Spacetech Startup Cosmoserve Raises $6M Seed Round

5 Nov 2026, 7:05 pm · 4h ago · 1 min read · YourStory

Amount

$6M

Stage

Seed

Lead

Rebright Partners

Hyderabad-based spacetech startup Cosmoserve Space raised $6 million in a seed round backed by Rebright Partners, Aranya Holdings, and Naandi Ventures, alongside existing investors AUM Ventures and Shakti VC. The round brings its total funding past $9 million. Founded by CEO Chiranjeevi Phanindra, the company inaugurated its Base 1 facility to design, build, test, and operate satellite servicing and space debris recovery systems. The facility includes orbital rendezvous simulation, a robotics lab, clean room integration, and mission control. Cosmoserve currently sources nearly 60% of its mission components domestically to strengthen Indian space infrastructure.