Help us: Donate
Follow us on:

VitaDAO Invests $1 Million into Biotech Company Turn.Bio

The DAO has purchased a stake in this company.

Investment decisionInvestment decision

Marking one of VitaDAO’s largest investments to date, the decentralized organization has allocated $1,000,000 in funding to Turn.Bio. This company, also known as Turn Biotechnologies, plans to undertake preclinical efficacy testing of mRNA therapeutics intended to induce self-healing of the skin and eyes. Through this purchase of an equity stake, VitaDAO is investing into the project’s future success, commercial benefits, and scientific potential.

LLP Vitadao
Visit the VitaDAO website to learn how you can get involved.

What is Turn.Bio, and what does the project aim to achieve?

Initially established in 2018, it was only in 2020 that Turn.Bio began to transform from a university laboratory that received external funding into a fully-fledged biopharma organization in its own right.

Under the management of Anja Kramer (CEO), who has previously guided biotech companies from start-ups into the IPO stage, and a renowned scientific team that includes Stanford University and University of Nevada staff members Vittorio Sebastiano Ph.D., Marco Quarta Ph.D., Thomas Rando MD Ph.D., Michael Longaker MD, Scott Herron MD Ph.D., Albert Y. Wu MD Ph.D., and Michael R. Heaphy Jr. MD, Turn.Bio has already received support from established technology and longevity investment bodies, such as Khosla Ventures and Methuselah Fund.

The organization’s focus is on cellular reprogramming that uses mRNA-lipid nanoparticles (LNP) to combat age-related illnesses. Aiming to confirm a viable therapeutics approach, specifically relating to the ultimate dermatological and ophthalmological impacts of the therapy, Turn.Bio is already primed to progress to its preclinical efficacy testing phase, indicating the project’s initial success.

Such approaches to longevity research as cellular reprogramming have been slowly emerging over the last decade since Shinya Yamanaka won the 2012 Nobel Prize for his

“discovery that mature cells can be reprogrammed to become pluripotent.” Recently, they have additionally been gaining increased attention due to high-profile investments in the field. For example, Altos Labs was founded by American entrepreneur and Amazon founder Jeff Bezos and technology investor and science philanthropist Yuri Milner, among others.

Turn.Bio’s contribution to the longevity market seeks to capitalize on its core technologies. The strong market demand for skin and eye care makes this an appealing project for VitaDAO, among other investors, due to its patented technology and initial results.

The technology behind the project seeks to use mRNA medicines formulated with transcription factors that contain proteins that control a cell’s function. By reprogramming the epigenome, the team seeks to fight age-related disease and repair tissue damage such as that caused by aging, with the ultimate goal of rejuvenating capabilities.

The role of VitaDAO

In a deviation from VitaDAO’s established method of funding, which uses IP-NFTs, the decentralized organization has invested in Turn.Bio through an equity system. Under the VDP-7 Equity/Startup Deals Proposal, passed in September 2021 to allow the DAO to acquire a stake in promising startup projects, Turn.Bio received $1,000,000 in funding from VitaDAO. In return, the DAO acquired a convertible note as a beneficiary of the project.

This marks a new move for VitaDAO as the organization builds market confidence with investments in some lesser-risk early-stage projects that offer already patented technology alongside its risker, early-stage research projects.

VitaDAO’s contribution to Turn.Bio forms part of a wider investment of an estimated ~$10 million that Turn.Bio has obtained through various pharma and longevity investment partners. With such backing, the DAO’s team holds a positive sentiment for current success and potential future Series A funding for the fledgling biopharma organization.


VitaDAO has made a $1,000,000 investment into the biopharma company Turn.Bio. The organization is currently using the funding as part of its preclinical efficacy testing phase for mRNA therapeutics for dermatological and ophthalmological longevity research. This project is one of VitaDAO’s current showcase projects and is expected to deliver promising results.

We would like to ask you a small favor. We are a non-profit foundation, and unlike some other organizations, we have no shareholders and no products to sell you. We are committed to responsible journalism, free from commercial or political influence, that allows you to make informed decisions about your future health.

All our news and educational content is free for everyone to read, but it does mean that we rely on the help of people like you. Every contribution, no matter if it’s big or small, supports independent journalism and sustains our future. You can support us by making a donation or in other ways at no cost to you.

A Lasting Rise in Investment in the Longevity Sector

2021 marked one of the biggest years in longevity financing, with 2022 following closely behind, according to a report by...

VitaDAO Funds Over $45K in Its 3rd Fellowship Cohort

Having received over 200 applications, VitaDAO recently announced the close of its third successful cohort of Longevity Fellowship funding. Having...

H.E. Justin Sun Talks Crypto Longevity with

In October, H.E. Justin Sun, founder of the blockchain DAO ecosystem TRON, announced his donation to The Longevity Prize, a...

Challenges to Crypto Funding: From Winning Trust to Gas Fees

In 2021, the cryptocurrency market was estimated as having a market capitalization of around $3 trillion, almost equal to the...

About the author
Maria Isabella

Maria Isabella

Maria is a writer and editor with a passion for technology, health, and lifelong learning. With over 6 years of experience in content creation for the fintech and wellness industries, and 10 years in the non-profit sector, as well as a Masters of Science in Development Management, she is passionate about combining tech and healthcare to make the world a better place.
No Comments
Write a comment:


Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.