Dating Platform Unveils $20M Yearly Fund to Boost “Virtual Intimacy” Startups

Social Discovery Group, the brains behind Dating.com and DateMyAge.com, has unveiled an exciting new venture studio aimed at revolutionizing virtual intimacy. Their goal is to make this the new norm by supporting early-stage startups focusing on AI-driven communication, XR advancements, and social discovery platforms.

Introducing SDG Lab, this venture studio is making waves with its pledge to invest $20 million annually. Through a hassle-free fundraising process, entrepreneurs can secure seed funding to kickstart product development and access additional funds to help their business grow.

Among SDG Lab’s promising investments are the virtual dating platform ‘VR Chat&Date’ and specialized dating apps like Kiseki, Flure, and AstroLove. Helmed by Alex Kudos, the former CMO of Social Discovery Group, SDG Lab offers more than just funding. They’re providing essential resources like legal assistance, back-office support, tech infrastructure, and marketing expertise to startups focusing on social discovery and connection technologies.

Alex Kudos, now CEO of SDG Lab, shared his thoughts: “Social interaction is undergoing a transformation, with digital intimacy leading the charge. At SDG Lab, we’re not just throwing money at ideas; we’re actively co-creating the future of human connection. By partnering with brave entrepreneurs, we’re developing technologies that pave the way for meaningful relationships, regardless of geography.”

Kudos further explained, “Virtual relationships and AI-powered connections aren’t just the stuff of science fiction anymore. They’ve become integral to our digital lives. SDG Lab is crafting the next wave of products that will redefine how people connect, interact, and form relationships online.”