In conjunction with the financing and development of Zoomability, Björn Larsson was a driving force in the process of working early with customer funding via early adopters, who also became an ambassador group that marketed the product. Throughout the entire commercialisation process, Björn also used the financial support available via public sources, including support from the Research and Development Council of Västmanland, the County Administrative Board (now Region Västmanland), ALMI Företagspartner, Innovationsbron (now ALMI Invest), the Swedish Export Credit Agency and the Swedish Agency for Economic and Regional Growth. Via its bank, Zoomability worked with an overdraft facility, loans and a customer funding solution.
Under Björn’s management, the company also performed five investment rounds with local angel investors and seed funds, and at later stages with larger angel investors and Almi Invest. In 2016, Zoomability received an acquisition bid with exclusivity from a global company. The negotiations ended with Zoomability not being acquired. When Björn left the company at his own request on the last day of December in 2016, the Board of Zoomability had decided to proceed with an IPO. Zoomability AB is now on the Spotlight Stockmarket: [ZOOM]