Sweden
Friendbase, developed by Palderio Creative Labs, is an innovative platform that merges the dynamic aspects of EdTech, Gaming, and Social Media to create a vibrant virtual world aimed primarily at teens. Known by its moniker, "Friendbase Metaverse," this Swedish company offers an avatar-based virtual setting where fun intersects with education, yielding products that are both entertaining and massively scalable.
Founded in 2013, Friendbase has gained a reputation for prioritizing a safe and welcoming user environment. With a versatile platform, they currently offer the Friendbase Chat - Create - Play experience and have future plans to tailor versions for industries like healthcare and education.
On the investment front, Friendbase secured backing from CBC Investment Group AB, with the last noted venture round on 10 May 2021. Based out of Sweden, the company's strategic expansion into niche sectors indicates a promising trajectory for future growth and value creation.
