ScaNxt Funding and Cosmoserve Space’s $6 Million Seed Round Put Indian Deep Tech in Focus

India’s startup scene is seeing two very different, but equally interesting, technology stories. Agritech company ScaNxt has secured support from Rainmatter, SIDBI and Exim Bank, while Hyderabad-based Cosmoserve Space has raised $6 million in a seed round.

One startup is working on practical farm tools for soil, pests and small landholders. The other is building spacecraft intended to remove dangerous debris from orbit. Together, the updates show how Indian startups are moving beyond apps and marketplaces into hardware-led problem solving.

ScaNxt looks to make farming smarter and cheaper

ScaNxt, or ScaNxt Scientific Technologies, is an IIT Kanpur-incubated agritech startup founded by Rajat Vardhan. Nupur Agrawal is the company’s co-founder and marketing lead. Its work focuses on climate-smart farming tools that combine field devices, data and crop guidance.

The company says it operates in more than 21 Indian states and works with farmers, farmer producer organizations, businesses and government partners. Its reported backing from Rainmatter, SIDBI and Exim Bank could help it expand product deployment, service networks and partnerships. The funding amount and deal terms were not publicly disclosed in the sources reviewed for this article.

ScaNxt’s product range is wider than a typical farm advisory app. Its Bhu-Parikshak soil-testing device is portable and does not require chemical reagents. It checks nitrogen, phosphorus, potassium, organic carbon, clay content and cation exchange capacity. The results can be viewed on a smartphone, which can help a farmer decide whether a field actually needs fertilizer instead of applying it by habit.

Its AgroLens platform provides crop health tracking, pest alerts and field guidance. The company also offers an automated pest detection system with a camera, solar panel and rechargeable battery. In simple terms, the device captures pest images and sends useful alerts before an infestation becomes a bigger crop-loss problem.

ScaNxt’s electric tractor is another notable product. It has 26 HP peak power, 11 HP rated power, 500 kg lifting capacity, a top speed of 22 kmph and a 540 RPM PTO. It is designed for smaller farms and includes vehicle-to-load support, allowing it to power items such as irrigation pumps and farm equipment. Its closest competition is not one single brand, but conventional diesel compact tractors and soil-testing laboratories that take longer to deliver results.

Cosmoserve Space’s big bet on cleaning Earth’s orbit

Cosmoserve Space is a Hyderabad-based spacetech startup founded in 2025 by former ISRO scientist Dr Chiranjeevi Phanindra. The company has raised $6 million in a seed round led by Japan-based Rebright Partners, with participation from Aranya Holdings, Naandi Ventures, AUM Ventures and Shakti VC reported IST.

This follows its earlier $3.17 million pre-seed round. Cosmoserve said its total funding has reached about $9 million.

The startup is developing robotic spacecraft meant to approach defunct satellites and large pieces of orbital debris. Its planned system includes smaller reusable capture spacecraft and a larger “mother” spacecraft that can help refuel them in orbit.

That job is extremely difficult. Space debris moves at very high speed, so a servicing spacecraft must closely match an object’s movement before attempting a capture. Cosmoserve’s current stated focus is debris larger than 10 cm and weighing up to 500 kg. The company plans commercial debris-removal services by early 2028, after further demonstration missions.

Unlike ScaNxt, Cosmoserve operates in a young and specialized market. Its international competitors include companies developing in-orbit servicing and debris-removal systems, but India has only a small number of startups working directly on this challenge. Cosmoserve’s key test will be turning its technology demonstrations into reliable commercial missions.