Friendbase Joins FasterCapital’s Acceleration Program to Enhance Online Safety and Friendship for Teens

Friendbase AB, a virtual world designed for teens to meet friends, play games, and create a welcoming environment, has joined FasterCapital's Acceleration program. End Quote

(1888PressRelease) October 30, 2024 - Friendbase AB, a virtual world designed for teens to meet friends, play games, and create a welcoming environment, has joined FasterCapital's Acceleration program. With a current investment of $3 million and a goal to raise an additional $560,000, Friendbase aims to expand its platform, fostering entertainment, education, safety, and cultural inclusion for young users worldwide.

Bashar Hamood from FasterCapital commented, "Friendbase is pioneering a safe space for teens to engage and interact positively online. By addressing the pressing issues of bullying and toxic behavior, they are setting a new standard in the gaming and social networking industries. We are excited to support their mission of creating a friendlier online world for the younger generation."

Deborah B Lygonis, CEO of Friendbase, expressed her enthusiasm: "Joining FasterCapital's Acceleration program is a significant step for Friendbase. We are dedicated to making the online world a friendlier place, and with their support, we can scale our operations to reach more young teens around the globe. Together, we aim to empower our users with the tools to foster positive behavior and friendship in the digital space."
Friendbase combines collaborative games, educational quizzes, and robust safety features to create a unique online experience. Available on iOS, Android, and web, the platform is dedicated to educating teens on digital citizenship and conflict management, ultimately promoting a healthier online community.

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