Social Discovery Group, known for spearheading platforms like Dating.com and DateMyAge.com, has exciting news on its venture front. They’ve launched SDG Lab, a dynamic venture studio with a bold mission: to reshape virtual intimacy into our everyday norm by supporting pioneering startups in AI-powered communication, XR tech, and social discovery platforms.
The SDG Lab promises an incredible annual investment of $20 million. Its distinctive feature is a clear and simple fundraising process that gives budding entrepreneurs the chance to secure initial funding for developing their products, alongside extra resources for scaling their operations.
Among its standout investments are innovative virtual dating platforms like ‘VR Chat&Date,’ and specialized dating apps like Kiseki, Flure, and AstroLove. Led by Alex Kudos, who previously served as Social Discovery Group’s CMO, SDG Lab extends its support beyond financial backing. Startups are provided with legal aid, back-office management, robust tech infrastructure, and savvy marketing support.
“Social interaction is undergoing a transformation, with digital intimacy at the cutting edge,” says Alex Kudos, now CEO of SDG Lab. “We’re not just financing ideas at SDG Lab; we’re co-creating the future of human connectivity. By investing in and collaborating with daring entrepreneurs, we’re crafting technologies that enable significant relationships, no matter where people are globally.”
Kudos further explains, “Virtual relationships and AI-driven interactions have moved from the realm of science fiction to being integral to our digital existence. SDG Lab is at the forefront, creating the next wave of products that will revolutionize how people connect, interact, and cultivate relationships online.”
