Cosmoserve Space Secures $3.17M for Space Debris Solutions
Cosmoserve Space has successfully secured $3.17 million in pre-seed funding, led by venture capitalist Alan Rutledge, with contributions from AUM Ventures and Shakti VC, highlighting growing global confidence in India’s space capabilities. The startup aims to tackle the critical issue of space debris, developing robotic systems for autonomous tracking, capture, and deorbiting of hazardous materials, thereby ensuring safer orbital environments essential for satellite constellations. With industry backing from notable figures like Pawan Kumar Chandana of Skyroot Aerospace, Cosmoserve is poised to thrive in India’s burgeoning private space sector. This initiative not only underscores the importance of sustainable space practices but also positions India as a potential leader in the global market for space debris solutions.