Startups in emerging markets raised over $2 billion in more than 40 deals

This week on The Draft, the Techloy team tracked more than 40 venture funding deals worth over $2 billion, with acquisition deals worth over $300 million, and more than 8 startups each raising $100 million or more, across emerging markets in Africa, Asia, Latin America, and the Middle East.

We also covered a pan-African technology group's acquisition of an Israeli-based technology company, for an undisclosed fee, as well as an Algeria-based accelerator's launch of a VC fund targeting $10 million to support startups.

Here are the most important technology news and top venture deals this week. If you want to gain access to our most comprehensive data on startups, venture deals, and technology insights, you can subscribe for less than $1 per week.