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Exaltum ultra – Biotech startup will enable young scientists to stay in Croatia

Through various scholarship programs and internships, startups and the biotechnology incubator provide students in the STEM field with additional work and development opportunities to remain in Croatia. The startup Exaltum ultra, in collaboration with the biotechnology incubator BioCentar, is paving new paths for future STEM professionals.

– We established the company to enable our STEM students to develop their careers outside the academic community through commercial activities that have immense interest in the global market – explained Kristian Vlahoviček, founder of Exaltum ultra, which focuses on research and development of new technologies in the field of computational biology, aiming to develop computer programs and methods for smart data analysis that can be collected by reading genetic material in living cells or measuring their metabolism. Given the decline in prices of instruments that enable such data collection, the application of genomic methods in medical diagnostics is becoming increasingly common. Sequencing and genome analysis could soon become a basic, routine examination, said the Exaltum team, who see this as an opportunity.

Outside the academic community

Regular professor at the Faculty of Science, Vlahoviček believes that a vibrant scene of startup companies relying on high-tech, especially biotechnology innovations and services, is a prerequisite for raising the domestic economy in the 21st century.

– It is very important for us to engage the best students in biotechnology disciplines to stay in Croatia after graduation or their PhD, as there are often no positions for them in scientific institutes and faculties, and many of them do not wish to remain in academic circles – says Vlahoviček, who believes that Exaltum and similar startups offer STEM students the opportunity to work in small high-tech biotechnology companies under the same conditions as anywhere abroad.

This goal has already begun to be realized. The first student on the team, Filip Horvat, recently completed his studies in molecular biology at PMF and plans to enroll in a PhD program. There was no funding for his employment in the science system, so instead of packing his bags, he got involved in research within this startup.

Commercial projects

The third member of the Exaltum team, Robert Bakarić, decided to return to Croatia during his PhD work in computational biology and apply the knowledge gained at the German ‘Max Planck’ institute in practice.

– For the encouragement and survival of ecosystems of companies like ours, biotechnology incubators like BioCentar are extremely important – says Vlahoviček, noting that demanding laboratory equipment is needed for data collection and research, which small companies cannot afford. BioCentar has been in existence for a year and has so far realized ten commercial projects with partners from the academic community (University of Zagreb, IRB), the food and pharmaceutical industries, and small entrepreneurs.