Cosmoserve Space raises $3.17m pre-seed for debris-removal spacecraft
Alan Rutledge invests through AVCF, with AUM Ventures, Shakti VC and Ram Shriram also backing the Hyderabad startup.
Cosmoserve Space announced $3.17 million in pre-seed funding in September 2025. Alan Rutledge led the investment through AVCF, with participation from AUM Ventures, Shakti VC and Ram Shriram.
Founded by former ISRO scientist Chiranjeevi Phanindra, the startup develops robotic spacecraft to capture orbital debris. The capital was allocated to research, engineering recruitment and early prototypes and testing facilities.
Use of funds
Accelerate research and development
Expand engineering team
Develop ground testing and prototypes