HISTORY

Being a serial entrepreneur, Lars-Uno Larsson, 2004, turned his interest into identifying an evolving global market segment, not yet, fully commercially explored. During the process, he founded LUL in Sweden AB, and almost instantly noticed the Biomimetics area as an unusual vigorous, evolving, scientific field with a significant commercial potential in an immediate need for structured commercial development programs.

The company name was changed to Swedish Biomimetics 3000® and to address the specific opportunistic market needs, Swedish Biomimetics 3000® developed an innovation accelerating operating model (V²IO®) to meet those needs. The model has initially been adopted to support, in 2007, inlicensed platform technologies, µMist® and µLot® currently under development by the company.The (V²IO®) accelerating model directs these development programs towards established market needs and engages collaborative cutting edge and industrial partners from the earliest point.

From an organizational point of view, the objectives has been to establish a global representation through a combination of “virtual offices” and few strategically selected fully owned subsidiaries with locations chosen who can readily and professionally support business incubation. With this background the company established 2006 a fully owned UK subsidiary Swedish Biomimetics 3000® Ltd, and is currently carrying out its development programs at two strategically located Bioincubator sites in the UK, while silmultanously supporting basic research programs at University level.

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