The company was founded in 2002 in Gothenburg, on the west coast of Sweden, as a research and development unit with a focus on formulating new solutions for extended shelf life of fresh perishable food and provide food application based service and training. The first product prototype was launched, and patents registered in 2004.
IWAB is registered as a limited company since July 2004 and has since grown the business to cover a wide range of products and services within the field of food safety. Through partnerships with leading international companies, IWAB has become a portal of innovative and greener food safety technologies in the Nordic food sector.

IWAB is now present in all Nordic countries through distributors or direct sales.