Insider's View: how a transatlantic spin-out chose Stockholm over Chicago

The spatial biology spin-out CubaseBio has two academic parents. One is Joshua Weinstein, assistant professor of molecular engineering at the University of Chicago. The other is Björn Högberg, head of the department of medical biochemistry and biophysics at the Karolinska Institutet in Stockholm. While this gave the founding team an opening to set up in the US, it chose Sweden instead. "Sweden has a really great culture for start-ups, and the Stockholm and Uppsala area is especially good for life sciences," says Malte Kuhnemund, co-founder and chief executive of CubaseBio. "There is a strong ecosystem, with active investors in this early stage, really strong talent in single-cell, genomics and spatial technologies. Then, cost-wise you can get accessible lab and office space, and salaries are manageable."