intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Turn Therapeutics Launches Final Crowdfund Round Ahead of Eczema Trial Enrollment, Engages Clear Street to Explore Public Markets

Turn Therapeutics Launches Final Crowdfund Round Ahead of Eczema Trial Enrollment, Engages Clear Street to Explore Public Markets

April 8, 2025 Craig Etkin

LOS ANGELES–(BUSINESS WIRE)–Turn Therapeutics, a clinical-stage biotechnology company pioneering next-generation topical therapies, today announced the launch of its final crowdfund investment round in tandem with the upcoming initiation of a controlled clinical trial evaluating its flagship, non-steroidal topical platform in patients with moderate to severe eczema.

“Investment opportunities like ours are traditionally only available to venture capital funds and the ultra wealthy,” Burnam said. “This model—combining grassroots investment with the support of bigger institutions—is the future of biotech financing.”Share

Turn has also engaged Clear Street to assess pathways to the public markets as part of a broader strategic capital plan to fund late-stage trials across its therapeutic pipeline.

“We are entering one of the most exciting and consequential chapters in Turn’s history,” said Bradley Burnam, CEO of Turn Therapeutics. “With our final crowdfunding round, everyday investors have a rare opportunity to deploy capital just before major clinical readouts — and before we take on significant institutional funding.”

Turn’s upcoming trial will assess the clinical performance of its proprietary formula over an eight-week treatment period, measuring reductions in disease severity and itch. The study will include a placebo control and is designed to build upon previously reported data demonstrating the formula’s inhibition of IL-31 and IL-36 — cytokines recognized as central drivers of the eczema disease process. Turn anticipates topline data by the end of 2025.

In addition to supporting future phase 3 trials for its moderate to severe eczema candidate, proceeds from this fundraising round will advance Turn’s research program for onychomycosis, or toenail fungus.

Turn has previously secured post-public financing commitments through a $75 million equity facility with GEM, a private equity and alternative investment group.

“These investment opportunities like ours are traditionally only available to venture capital funds and the ultra wealthy,” Burnam said. “We believe this model — combining grassroots investment with the support of bigger institutions — is the future of biotech financing.”

The crowdfund campaign is now live here. More information on Turn’s clinical programs can be found at turntherapeutics.com.

For more information or to request an interview with Turn Therapeutics CEO Bradley Burnam, please contact Cooper Rumrill at (202) 980-4968 or cooper@keybridge.biz.

About Turn Therapeutics

Turn Therapeutics is a pharmaceutical and medical device organization specializing in the development of advanced wound and dermatology solutions. Utilizing its proprietary technology and patient-first approach, Turn Therapeutics addresses critical needs in healthcare, aiming to improve access, outcomes, and quality of life. Visit turntherapeutics.com to learn more about the company.

The Regulation A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. The investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of entire investment. The statements contained herein may include prospects, statements of future expectations, and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance, or events may differ materially from those expressed or implied in such forward-looking statements.

Contacts

Cooper Rumrill
(202) 980-4968
cooper@keybridge.biz

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Los Angeles, Turn Therapeutics, Venture Capital

Post navigation

NEXT
Vivere Partners Raises $7.5M Series A to Launch Transformative Specialty Insurance Platform
PREVIOUS
SpinLaunch Announces $12M Strategic Investment from Kongsberg, Unveiling Revolutionary LEO Satcom Constellation
Comments are closed.
Subscribe for FREE!

Source: http://go.intelligence360.io/ and https://intelligence360.news/

Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
Subscribe

Categories

Recent Posts

  • Opus’ Tollway Corporate Center in North Aurora Achieves Full Lease-Up with 408,176-SF Commitment from US Elogistics Service Corp March 18, 2026
  • Harris Health System to spend $3,600,000.00 to occupy 8,238 square feet of space in Houston Texas. March 18, 2026
  • Mergers and Acquisitions (M&A): MCF Advisors Acquires Wealth Planning Corporation March 18, 2026
  • Mergers and Acquisitions (M&A): EVI Industries, Inc. (NYSEAM: EVI) Completes Acquisition of Belenky March 18, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.