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Sprouts.ai Raises $9M Pre-Series A Led by True Global Ventures and Accel to Scale Revenue Agents with Differentiated Data for B2B Enterprises

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5 months ago

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Funding brings total raised to $14M. Sprouts.ai’s differentiated GTM data layer powers autonomous Revenue Agents already trusted by Global Brands like Hewlett Packard, Razorpay, HighRadius, and Udemy.

SAN FRANCISCO, May 15, 2026 /PRNewswire/ — True Global Ventures (TGV) and Accel today announced a $9 million Pre-Series A round in Sprouts.ai, bringing the company’s total funding to $14 million. Sprouts.ai is a fast-growing AI native startup delivering Revenue Agents for B2B enterprises, anchored in a proprietary go-to-market (GTM) data layer.

The platform enables revenue teams to identify, enrich, engage, and convert ideal customers with precision using deep account intelligence. Its Deep AI GTM Engine powers several first to market AI functionality like complex query search, product heatmaps, buyer committee mapping, relationship networks, and autonomous AI workflows. Sprouts.ai delivers this functionality natively, inside customer CRMs like Salesforce and Microsoft Dynamics, and through leading LLMs like Claude.

The investment underscores TGV and Accel’s conviction in AI-first companies transforming how businesses grow revenue, and marks another milestone in TGV’s global strategy of backing visionary founders at the intersection of AI and enterprise GTM.

Solving the B2B GTM Intelligence Gap

Sprouts.ai is headquartered in Palo Alto and addresses one of the most persistent challenges in modern B2B: efficiently identifying and engaging the right buyers at the right time. One key reason for the same is dirty and siloed data. According to Gartner, 85% of enterprise AI initiatives fail due to dirty data. Enterprises run an average of more than 20 GTM tools, compounding data-quality problems across silos, with CRM the largest offender with 30 to 40 percent of records being inaccurate, stale, or missing.

Sprouts.ai replaces the fragmented stack with a unified AI-native layer that maintains high-fidelity data and auto-cleans the surrounding ecosystem. The platform discovers ICP-qualified accounts, enriches contacts with high accuracy, surfaces real-time buying signals, and automates multi-channel outreach.

Trusted by leading global brands including Razorpay, Hewlett Packard, HighRadius, and Udemy, Sprouts.ai has delivered measurable outcomes. Customers report a 3x increase in ICP-qualified leads, a 25% lift in Sales Qualified Leads, a 3x improvement in response rates, and a 35% reduction in GTM tooling costs.

“The B2B revenue stack is broken. Sales and marketing teams operate across more than 20 tools, work off dirty data, and bolt AI on top of infrastructure that was never built for it. We built Sprouts.ai to replace that fragmentation with a unified data and agent layer that actually moves the pipeline. With TGV and Accel, we have the partners and the global reach to put Revenue Agents inside every enterprise running on Salesforce, Microsoft Dynamics, and the leading LLMs.”

Karan Chaudhry, Co-Founder and CEO, Sprouts AI

“Sprouts AI is exactly the kind of company TGV looks for — a Californian AI-first business with real traction, clear product-market fit, and a data moat accelerated by distribution channels. B2B go-to-market has historically been expensive, fragmented, noisy and opaque. Karan and his team have built something genuinely transformative: a platform that brings together data, intent, and automation into a single intelligent layer that helps companies grow faster and smarter. We are thrilled to support Sprouts AI’s next chapter of growth in agentic AI to help the sales team perform better without additional headcount.”

Beatrice Lion, General Partner and CEO, True Global Ventures

“At Accel, we’ve long believed that the future of B2B growth lies at the intersection of AI, data, and automation. Sprouts AI embodies that thesis. Their platform gives revenue teams unprecedented intelligence and execution capability, dramatically compressing the time from prospect identification to closed deals. Native integration with Salesforce and Microsoft Dynamics accelerates distribution across enterprise clients. We’re excited to have TGV join us in backing Sprouts as they scale.”

Shekhar Kirani, Partner, Accel

ABOUT SPROUTS AI

Sprouts.ai builds Revenue Agents that turn traditional revenue teams AI-native. The company has invested in a deep data intelligence moat to power autonomous agents across the full funnel, from ICP to Closed Won. Customers can run Sprouts.ai inside the platforms they already use, including Salesforce, Microsoft Dynamics, Copilot and Claude. Built for enterprises that demand secure, compliant, and trusted data, Sprouts.ai is disrupting a $250B category by replacing fragmented legacy tooling and dirty data with a unified GTM intelligence layer. Founded in 2023 by Karan Chaudhry, Kapil Chaudhry, and Avinash Nagla, the company is headquartered in Palo Alto and trusted by leading global brands. Learn more at www.sprouts.ai

ABOUT TRUE GLOBAL VENTURES

True Global Ventures (TGV) is a global venture capital firm investing in post-revenues AI-first companies at the early stage. TGV’s current portfolio includes Prezent, Cynch, COVU, Obligo, Ledger, Animoca Brands, Jus Mundi, Coding Giants and many others. Almost all portfolio companies are in the U.S. or entering the U.S. With presence in San Francisco, New York, Paris, London, Stockholm, Dubai, Singapore and Hong Kong, TGV backs visionary founders building the next generation of transformative technology ventures. www.trueglobalventures.com

ABOUT ACCEL

Accel is a global venture capital firm that is the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Atlassian, Browserstack, Bumble, CrowdStrike, Freshworks, Flipkart, Ola Cabs, Qualtrics, Scale, Segment, Slack, Spotify, Swiggy, and UiPath are among the companies Accel has backed over the past 40+ years. We help ambitious entrepreneurs build iconic global businesses. For more, visit www.accel.com.

 

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SOURCE True Global Ventures

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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14 minutes ago

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October 25, 2026

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

14 minutes ago

on

October 25, 2026

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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7 hours ago

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October 24, 2026

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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