Social Discovery Group, the company well-known for platforms like Dating.com and DateMyAge.com, has recently made an exciting announcement. They’re launching a new venture studio dedicated to making virtual intimacy an everyday reality. Their mission? Supporting budding startups that focus on AI-driven communication, advancements in extended reality (XR), and innovative social discovery platforms.
This venture studio, SDG Lab, is making a bold commitment. They’re setting aside $20 million each year to ensure a seamless fundraising process for entrepreneurs. This means securing seed funding for crafting their products and additional support for expansion is more straightforward than ever.
Among their standout investments, you’ll find ‘VR Chat&Date’, a virtual dating platform that brings a fresh approach to meeting new people online. Additionally, they’ve backed specialized dating apps like Kiseki, Flure, and AstroLove, which cater to unique social niches.
At the helm of SDG Lab is Alex Kudos, the former Chief Marketing Officer at Social Discovery Group. Under his leadership, SDG Lab isn’t just offering financial support; they’re providing a comprehensive suite of resources for startups. This includes legal help, back-office support, tech infrastructure, and expertise in marketing strategies—essentially, everything a young company needs to thrive.
“Social interaction is evolving, and digital intimacy is the next frontier,” said Alex Kudos, the CEO of SDG Lab. “We’re not just about funding ideas at SDG Lab—we’re building the future of personal connections. Our goal is to partner with daring entrepreneurs to create technologies that enable meaningful relationships, no matter where people might be.”
Kudos further explained, “Virtual relationships and AI-driven connections have moved beyond the realm of science fiction and are now an integral part of our digital landscape. SDG Lab is at the forefront, crafting the next wave of products that will redefine how people connect, interact, and form relationships in the digital age.”
