BIO

Magdy Shehata is a serial entrepreneur, board member, and angel investor. He is the first African and Arab to IPO a gaming company, having co-founded Fragbite Group, where he served as Vice President. The company went public on Nasdaq First North in Sweden in 2021.He is also the Founder & CEO of Söderhub, a Swedish boutique consultancy that connects fast-growing Nordic companies with business opportunities in the MENA region. Additionally, he is the Co-founder & CEO of FunRock, a Swedish studio developing mobile games.Beyond his entrepreneurial ventures, Magdy is an active angel investor and mentor, advising startups and VC funds across Europe and the MENA region. He is also an advisory board member of Vesna Deep Tech Fund, a member of the Swedish Institute Network for Future Global Leaders (NFGL), and the Alexandria Angels Network.

Founder & CEO

Co-founder & CEO

Co-founder & Vice President

Investor & Board Member

Largest Arabic Newspaper in the Nordics

Discover the vibrant journey of Magdy, from his studies at KTH to founding a company that bridges Sweden’s tech skills gap while empowering young Egyptian graduates. Watch how passion and innovation meet on Fika with Tahani!

The HUGE potential of gaming in Saudi Arabia

Captured at the Reflect Festival in Limassol, Cyprus, this video offers a deep dive into the gaming world with Magdy. Explore the dynamics, impact, challenges, and future potential of gaming in MENA, and Saudi Arabia.

Söderhub will solve the skills shortage - with Egyptian tech workers

Minecraft gang invests in Funrock - Arab wargame developer

Söderhub will solve the skills shortage - with Egyptian tech workers

Fragbite Group has acquired Playdigious for $10.4m

Shehata.. the first Egyptian marketing manager for a Swedish mobile games company

Egyptian programmers to solve the technical skills gap in Sweden

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