
Connecting Nordic Innovation with MENA Business Opportunities
We are a Swedish boutique consultancy led by serial entrepreneurs known for their successful exits, including leading companies to IPO, securing substantial funding, and providing strategic oversight through board advisory roles.
Söderhub was founded by serial entrepreneur Magdy Shehata and venture builder Aurore Belfrage
Söderhub Founders
Aurore Belfrage
Co-founder & Chairwoman
Tech entrepreneur, geopolitical advisor, and investor Aurore Belfrage spends her time at the intersection of artificial intelligence, business, and international relations. She sits on the board for the government's investment in the world exhibition Expo2020 Dubai, she is an advisor to Sweden's National AI Center, Ai Innovation of Sweden, and vice-chairman of the think tank Global Challenges Governance Committee. With a background as an investor at EQT Ventures, a columnist at SvD, and the podcast +Katapult about how we can use tech to create impact, Aurore has solid experience of how technology can strategically strengthen your business in a changing world.
Magdy Shehata
Founder & CEO
Magdy Shehata is an active angel investor, a board member, and a serial entrepreneur. He is the founder of 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 with a focus 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.
Our Mission
Our mission is to facilitate the connection between rapidly expanding Nordic enterprises and promising business prospects within the MENA region. We specialize in providing comprehensive support in various domains crucial for successful market entry, including strategic planning, capital acquisition, and talent acquisition. By leveraging our expertise and extensive networks, we enable Nordic companies to navigate the complexities of entering MENA markets with confidence, seizing lucrative opportunities and realizing their growth potential. Our tailored services ensure that businesses receive personalized guidance and resources to thrive in the dynamic landscapes of the Middle East and North Africa
Stockholm & Alexandria Offices
Connect with our Team of Experts!
Stockholm, Sweden - Lilla Nygatan 23, 111 28 Stockholm
Alexandria, Egypt - 405 El-Gaish Rd, San Stefano, El Raml 2, Alexandria Governorate 5452054