Visimind AB was founded in 1997 as a continuation of research conducted at the Royal University of Technology (KTH) in Stockholm. The scientific work focused on MMT (Mobile Mapping Technology), automated measurement methods and inventory systems based on GIS and numerical analysis of digital images. In 1998 the project was given the Young Author Award at the ISPRS International Symposium on Real-Time Imaging and Dynamic Analysis in Hakodate, Japan.