Space-tech co. Cosmoserve raises $6-M led by Japan’s Rebright Partners

Hyderabad-based Cosmoserve Space has raised USD 6 million in a seed funding round led by Japan-based Rebright Partners, with participation from Aranya Holdings and Naandi Ventures. Existing investors AUM Ventures and Shakti VC also participated in the round.Founded in 2025 by Chiranjeevi Phanindra, the company focuses on building technology for removing defunct satellites and orbital debris to reduce collision risks for operational spacecraft.The company plans to use the funds to support technology demonstrations, fuel two upcoming missions, and enhance operations at its newly inaugurated facility in Hyderabad, named Base 1, which is designed to simulate space environments, including microgravity and vision effects, and provides infrastructure for satellite servicing and space debris recovery research.