Financial

Peer-to-peer lending platform Terafunding has revealed a series B round closed last month backed by Woomi Construction, Hana Ventures, and IBK Industrial Bank.

September started out with news on several life sciences companies about to go public as well as a large acquisition deal of another one of them. This space enjoyed a great number of exits last year and the trend appears on a path to be continued through 2019.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The advertising agency has set up Zoomworks Ventures to back marketing and advertising technology startups and has already made its first three investments.

Spun off by Eastern Bank and also backed by FIS and First Federal Lakewood, lending management software provider Numerated has now raised $32m altogether.

Digital assets and fintech company Hashkey was among the investors in a $14.5m round for Adaptive Holdings' open-source blockchain protocol spinoff, CasperLabs.

Rocket Internet and Prudential formed part of the consortium that has co-led a $135m equity and debt round for business financing services provider Sonovate.

Julia Ognieva, who set up the LDN_LAB scheme while at Facebook, has joined accounting software provider Intuit.

Cheetah Mobile has contributed to a $24m round for its consumer microfinance offshoot SuperAtom, which will utilise the corporate's customer and technical resources.

The Youzu Interactive-backed credit assessment tool developer boosted its overall funding to $91m, collecting $47m in a pre-series C round led by Guohe Capital.

Consumer lender Goeasy has acquired a minority stake in instalment financing provider PayBright in return for $25.5m alongside a strategic partnership deal.