BIO

Magdy Shehata is a serial entrepreneur, a board member, and an angel investor. He founded Söderhub, a Swedish boutique consultancy that connects fast-growing Nordic companies with business opportunities in the MENA region. Magdy is also the CEO and Co-founder of FunRock, a Swedish mobile gaming company, and the Vice President and Co-founder of Fragbite Group, a publicly traded company since 2021 focusing on M&A in gaming and e-sports.Magdy is an active angel investor and a mentor to several startups in Europe and the MENA region, serving on the boards of companies including Recoma, a company innovating in circular construction solutions, and advising various companies and VC funds. He is a member of the Swedish Institute Network for Future Global Leaders (NFGL) and the Alexandria Angels Network.He is a Ph.D. candidate in Entrepreneurship and Strategic Management at the Royal Institute of Technology (KTH) in Stockholm. He holds an MSc degree in Entrepreneurship and Innovation Management from KTH and a BSc degree in Computer Engineering.

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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