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Nikola Balaban began their work experience in 1997 as the CEO of M&I Systems Group. In 2016, they became a partner at DocDep and Procesna Inteligencija. In 2018, they joined Robotiq.ai as a partner. In 2021, they co-founded Kroog Ventures.

Nikola Balaban obtained a Bachelor of Science (B.S.) degree in computer science from the University of Wisconsin-Superior, where they attended from 1992 to 1996.