RISE KIMAB is the oldest industrial research institute in Sweden, founded in 1921.

Carl Benedicks and Axel Wahlberg, the director of the Materials Testing Laboratory (Materialprovningsanstalt), were commissioned by the Swedish Iron Masters' Association (Jernkontoret) to seek contributions from individual firms to set up an institute of metallography. In less than a year they collected 1,050,000 Swedish kronor with which to establish the institute. The largest contributions came from Uddeholm, Stora Kopparberg, SKF and Sandviken. The money was not sufficient, and the Riksdag, the Swedish Parliament, resolved at the suggestion of His Majesty The King "to provide the premises made available by the Materials Testing Laboratory of the Institute of Technology". In this way the Institute became a predecessor of the sector research institute in the 1940s.

July 2004 saw the first step being taken towards the merger between Sweden’s Corrosion & Metals Research Institute (KIMAB) and the Swedish Corrosion Institute to form a corporate operation. At the end of 2005, we took the second step by bringing both operations together into one company.