Spacetech startup Cosmoserve Space has raised $6 million in a seed funding round from Japan-based Rebright Partners, Aranya Holdings and other investors. Separately, Daksham Capital has raised Rs 125 crore in the first close of its maiden consumer-focused fund.
Cosmoserve Space raises $6m funding
Hyderabad-based spacetech startup Cosmoserve Space has raised $6 million in a seed funding round from Japan-based Rebright Partners, Aranya Holdings, Naandi Ventures and existing investors AUM Ventures and Shakti VC.
The latest round takes the company’s total funding to over $9 million.
Founded in 2025 by Chiranjeevi Phanindra, Cosmoserve is focused on solving the space debris problem through advanced autonomous robotic spacecraft.
The fresh capital will fund the development of Base 1, technology demonstrations and two upcoming missions, the company said.
Cosmoserve has also inaugurated Base 1, a private facility focused on space debris removal and satellite servicing. The facility will support the development and testing of technologies for in-orbit repairs, refuelling and defunct satellite recovery.
Daksham Capital raises $13m in first close
Daksham Capital, a multi-family office and private wealth management firm, has raised Rs 125 crore in the first close of its maiden consumer-focused fund, Daksham Growth Ventures (DGV) Fund I, according to an announcement.
Registered as a Category II AIF with the Securities and Exchange Board of India (SEBI), the fund has a target corpus of Rs 150 crore and a greenshoe option of an additional Rs 150 crore, taking its potential size to Rs 300 crore.
The fund has attracted commitments from family offices, high-net-worth individuals (HNIs), ultra-high-net-worth individuals (UHNIs) and entrepreneurs.
DGV Fund I will invest Rs 5-20 crore in early-growth businesses across D2C brands, consumer enablers, B2B2C models, supply chains and consumer-focused AI.
