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Alaunos Therapeutics acquires Velaris in merger

PUBLIC · TCRTOct 13, 2026

Acquiring Company

Alaunos Therapeutics

Acquired Company

Velaris Therapeutics

HoustonBeratBiotechnologyHealth CareBiotechnologyHealth CareTherapeutics

Description

Alaunos Therapeutics has acquired Velaris Therapeutics in a strategic deal characterized as a reverse merger. This move aims to enhance Alaunos' operational capabilities and provide a strong financial foundation through a concurrent private stock offering. The merger focuses on advancing Velaris’ promising drug programs while integrating leadership from Fairmount Funds. This acquisition marks a significant step for both companies in the biotechnology sector.

Company Information

Company

Alaunos Therapeutics

Location

Houston, Texas, United States

About

Alaunos Therapeutics, Inc. operates in the biotechnology industry, focusing on the development of cell therapies for the treatment of various forms of cancer. The company specializes in the creation of genetically modified T cells aimed at enhancing the body's immune response against cancerous cells. Based in Fort Lauderdale, Florida, Alaunos is strategically positioned within a growing market for advanced cancer therapies, responding to increasing demand for effective treatment options. The company is publicly traded on the Nasdaq Stock Market under the trading symbol TCRT and aims to expand its product portfolio through innovation and strategic partnerships.

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Frequently asked

Who acquired Velaris Therapeutics?

Velaris Therapeutics was acquired by Alaunos Therapeutics, based in Houston. The deal was reported on October 13, 2026. Alaunos Therapeutics, Inc. operates in the biotechnology industry, focusing on the development of cell therapies for the treatment of various forms of cancer. Alaunos Therapeutics is publicly traded (TCRT) and operates in Biotechnology.

When did Alaunos Therapeutics acquire Velaris Therapeutics?

Alaunos Therapeutics's acquisition of Velaris Therapeutics was reported on October 13, 2026. Alaunos Therapeutics has acquired Velaris Therapeutics in a strategic deal characterized as a reverse merger. This move aims to enhance Alaunos' operational capabilities and provide a strong financial foundation through a concurrent private stock offering. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Velaris Therapeutics do?

Velaris Therapeutics is a biotechnology firm dedicated to developing unique treatment solutions for rare diseases. Their focus is on creating therapies that address significant unmet medical needs. It is privately held, operating in Biotechnology, and is based in Berat.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.