ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Dubai-based ClearGrid aims to help modernize debt collection — and recovery

INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 12, 2025

Investor confidence in Middle Eastern startups continues to surge, with massive funding rounds pouring into fintech, AI, and gametech. Meanwhile, Africa's funding scene presents a more cautious picture, with key sectors like logistics and healthcare still attracting investor interest but at a slower pace.Leading this week's funding is Israel-based enterprise visual AI platform Bria, which secured a $40 million Series B from Red Dot Capital, with…

ClearGrid Raises $10M in Funding

ClearGrid, a Dubai, UAE-based provider of an AI-powered debt collection platform, raised $10M in funding. The funding comes across two rounds: Additional investors included Aramco’s Waed Ventures, KBW Ventures, Sharaka, 9yards Capital, Protagonist, BYLD, Eirad Holdings, Endeavor Catalyst, and Wamda Capital. The company intends to use the funds to expand operations and its development efforts. […] The post ClearGrid Raises $10M in Funding appeare…

ClearGrid unveils USD $10m funding to reshape MENA debt

ClearGrid has secured USD $10 million to launch an AI-driven debt collection platform in MENA, aiming to transform inefficient practices in the region.