import arcpy
import os

#Set parent directory
arcpy.env.workspace = r'C:Folder1'

#List the subfolders in the parent directory
workspaces = arcpy.ListWorkspaces("*", "Folder")

for workspace in workspaces:
    #Set new environment to list workspaces
    arcpy.env.workspace = workspace
    fgdbs = arcpy.ListWorkspaces("*", "FileGDB")

    #Iterate through each FileGDB contained within and copy to destination
    for fgdb in fgdbs:
        #parsing the name from the full path of each FGDB
        #name = os.path.basename(fgdb).rstrip(os.path.splitext(fgdb)[1])
        name = os.path.basename(fgdb)[:-4]
        arcpy.Copy_management(fgdb, "C:/Folder1Copy/{0}.gdb".format(name))