Space industry
Cosmochute plans lunar rover work with $1.5 million pre-seed
The Indian startup intends to develop its LEAP mobility platform and expand its engineering team, according to funding reports published October 15.
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Indian space robotics startup Cosmochute plans to accelerate lunar mobility development and engineering hiring after a $1.5 million pre-seed round reported on October 15. Business Standard reported that Prosus Ventures led the investment; ETEntrepreneur identified Accel and Prosus Ventures as the leads through the Atoms X programme.
ETEntrepreneur also named IIMA Ventures’ deeptech and aerospace acceleration fund, Operators Studio and Chinmayi Muthyala as participants. It reported that the money would support the company’s LEAP platform, engineering expansion and commercial planning.
LEAP is intended to carry and deploy payloads on the Moon. ETEntrepreneur described a rover and trailer with standardised payload bays. The platform remains in development in those reports.
Business Standard identifies Cosmochute’s founders as Amit Chowdhary, Janhavi Gore and Dhruv Alok Sangal, engineers who returned from the United Kingdom to build in India. ETEntrepreneur reported that the startup was setting up lunar laboratories at IIMA Ventures’ incubation facility.
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The Indian startup intends to develop its LEAP mobility platform and expand its engineering team, according to funding reports published October 15. Read the full report: https://www.spaceexploration.in/news/cosmochute-atomsx-preseed-funding #SpaceExplorationNews #SpaceNews #SpaceIndustry
