Startup Stories

Cosmoserve Eyes on the Sky: Wins INR 5.5cr Funding on Bharat Ke Super Founders

Bengaluru: Spacetech startup Cosmoserve Space has raised INR5.5 crore in funding through Bharat Ke Super Founders, a founder-first entrepreneurial television series streaming on Amazon MX Player. The deal values the company at INR 225 crore.

Founded by former Indian Space Research Organisation (ISRO) scientist Chiranjeevi Phanindra, Cosmoserve Space is building autonomous spacecraft systems aimed at solving the growing challenge of space debris. The company is developing its proprietary platforms, Reviver and Mothercraft, which are designed to detect, capture, and safely de-orbit defunct satellites and other high-risk orbital debris.

Read more: The Guild Secures $20.5M to Push Reusable Rockets From India

Also read: EV Startup Chargeup Plugs In INR 22 Cr Funding Led by IAN Group

Read more: IIT Madras, Unicorn India Ventures Announce Rs 600 Cr Frontier Tech Fund

Apart from debris removal, the startup is also working on technologies that support in-orbit servicing, including robotic arms, optical navigation systems, and refuelling support devices to improve satellite life-cycle management.

The investment round was led by Dr A. Velumani, who committed INR 5 crore for a 2.22% stake, subject to a proposed follow-on raise of INR 45 crore. Two other investors, Shivam M and Srini S, also participated, investing INR 25 lakh each for 0.11% equity each.

Cosmoserve currently has a 15-member team and is still in the product development stage, with commercial deployment planned for 2028.

Shobhit Kalra

Shobhit Kalra is the Chief Sub Editor at Tea4Tech, with over 12 years of experience across digital media, digital marketing, and health technology. He is responsible for editorial review, content structuring, and quality control of articles covering software, SaaS products, and developments across the technology ecosystem. || At Tea4Tech, Shobhit oversees content accuracy, clarity, and adherence to editorial standards, ensuring published stories meet the newsroom’s guidelines for originality, sourcing, and consistency.

Recent Posts

Microsoft Launches its First Cybersecurity AI Model, MAI-Cyber-1-Flash

San Francisco: Microsoft unveiled its first cybersecurity-focused AI model, MAI-Cyber-1-Flash at an event in San…

2 weeks ago

Facebook Blocks PM Modi’s NEET Video, Meta Calls It an Error

New Delhi: The Indian government was caught off guard when social media giant Meta blocked…

2 weeks ago

Moonshot’s Kimi K3 Becomes Largest Open-Weight AI Model Ever

BEIJING: Moonshot AI releases Kimi K3, a 2.8 trillion-parameter model that instantly becomes the largest…

2 weeks ago

Fireworks AI Hits $17.5B as Enterprises Flee Frontier API Prices

SAN MATEO, Calif.: Fireworks AI closes a $1.505 billion Series D at a $17.5 billion…

2 weeks ago

AegisAI Lands $36M Series A to Secure the Agentic Enterprise

SAN FRANCISCO: AegisAI raises $36 million in Series A funding to secure enterprises against threats…

2 weeks ago

Paper Raises $34M as AI Coding Agents Redraw Design’s Borders

SAN FRANCISCO: Paper raises $34 million in Series A funding led by Accel and ICONIQ…

2 weeks ago