Vyriad, startup from Mayo doctors, raises $25M for trial of multiple myeloma treatment

A Rochester biotech company founded by Mayo Clinic scientists has secured the final piece of funding it needs to begin testing a promising cancer treatment in humans.

https://www.bizjournals.com/twincities/news/2025/12/24/vyriad-raises-25-million-myeloma-treatment.html

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Collaboration.Ai Acquires innosabi

Collaboration.Ai Acquires innosabi to Advance a More Connected AI-Powered Innovation Platform

https://collaboration.ai/blog/collaboration-ai-acquires-innosabi-to-advance-a-more-connected-ai-powered-innovation-platform/

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War Department Offers No-Fee Patent Licenses Through Patent Holiday Initiative to Accelerate Technology from Lab to the Warfighter

https://www.cto.mil/no-fee-cel/

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This U.S. company’s new magnet could loosen China’s stranglehold on the supply chain

U.S.-made super magnets from Niron may be in audio gear next year, with EVs and wind turbines to follow.

https://www.fastcompany.com/91457410/this-u-s-companys-new-magnet-could-loosen-chinas-stranglehold-on-the-supply-chain

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Federal Funding

December 12, 2025

NSF kicks off U.S. critical minerals challenge

NSF kicks off U.S. critical minerals challenge to propel innovative critical mineral technology translation The U.S. National Science Foundation Directorate for Technology, Innovation and Partnerships (

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Minnesota startup has found a way to use lasers to reduce energy and water use by data centers

Maxwell Labs says cooling computer chip hotspots with lasers could drastically reduce energy consumption and increase computational power.

https://www.startribune.com/data-center-technology-lasers-cooling-water-energy-usage-maxwell-labs-groove-capital/601504933

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The First Intelligent, End-to-End SBIR/STTR Ecosystem for Federal Agencies

REI Systems Launches GovSBIR

https://www.prnewswire.com/news-releases/rei-systems-launches-govsbir-the-first-intelligent-end-to-end-sbirsttr-ecosystem-for-federal-agencies-302617796.html

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News

November 17, 2025

DoW Updates Critical Technology Areas

Department of War (DoW) Pares Down Critical Technology Areas The Department has identified six Critical Technology Areas (CTAs) to focus its efforts. These CTAs represent the forefront of innovation, designed…

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Powering Sustainable Technologies Through Permanent Magnet Research and Innovation

UMN | Research & Innovation Office |Technology Commercialization - Powering Sustainable Technologies Through Permanent Magnet Research and Innovation

https://research.umn.edu/units/techcomm/news/powering-sustainable-technologies-through-permanent-magnet-research-and-innovation

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Star Tribune article features NSF SBIR awardee Vivek Saxena of FactoryTwin

Star Tribune article features NSF SBIR awardee Vivek Saxena FactoryTwin

https://www.startribune.com/ai-manufacturers-marketing-small-companies-firms-delkor-backdraft-manufacturing-campdigital/601463148

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