Social Discovery Group, the masterminds behind platforms like Dating.com and DateMyAge.com, have just launched an exciting new venture studio dedicated to reshaping the landscape of virtual intimacy. Their ambitious goal is to support early-stage startups focusing on AI-driven communication, advancements in extended reality (XR), and novel social discovery platforms.
This new initiative, named SDG Lab, comes with a robust annual investment commitment of $20 million. They’ve designed a streamlined fundraising process that provides entrepreneurs with the seed funding necessary for initial product development, along with additional resources required for scaling their ventures.
Among SDG Lab’s standout investments are the virtual dating platform ‘VR Chat&Date’ and a range of niche-focused dating apps like Kiseki, Flure, and AstroLove.
Under the leadership of Alex Kudos, who previously served as the Chief Marketing Officer of Social Discovery Group, SDG Lab is offering essential support services to startups. This includes access to legal advice, back-office operations, technological infrastructure, and marketing expertise.
Alex Kudos, now the CEO of SDG Lab, expressed the studio’s vision by stating, “We are at a pivotal moment where social interaction is transforming, with digital intimacy leading the charge. At SDG Lab, our mission transcends mere funding—we’re actively participating in crafting the future of human connections. By aligning with daring entrepreneurs, we are pioneering technologies that enable deep and meaningful relationships worldwide.”
Kudos further emphasized the significance of this frontier: “Virtual relationships and AI-driven interactions have evolved from being mere science fiction to becoming an integral aspect of our digital existence. SDG Lab is at the forefront, developing the next wave of products that will redefine how individuals connect, engage, and foster relationships in the online realm.”