F redrik Österberg is a Swedish self-made billionaire and a co-founder of Evolution AB (formerly Evolution Gaming), a world-leading provider of live casino solutions for the online gambling industry. He co-founded the company in 2006 with his partner, Jens von Bahr. They identified a major opportunity to create a more engaging and authentic online casino experience by streaming live games with real dealers.

Evolution's innovative business-to-business model involves providing a fully managed live casino service to a vast network of online gambling operators. The company's high-quality production and technology have made it the dominant player in its niche. As a key founder, Österberg has been instrumental in the company's product development and growth. The company's massive success and its soaring valuation on the Stockholm stock exchange have turned him and his co-founder into some of Sweden's wealthiest tech entrepreneurs.