Online Dating Firm Launches $20M Yearly Fund to Boost “Virtual Intimacy” Startups

Social Discovery Group, known for platforms like Dating.com and DateMyAge.com, has embarked on a new journey with the launch of a venture studio aimed at revolutionizing the concept of virtual intimacy. This venture seeks to support budding startups focused on AI-driven communication, XR innovations, and social discovery tools.

Introducing SDG Lab, the team has committed to investing an impressive $20 million each year. This investment process is designed to be straightforward, enabling entrepreneurs to easily secure seed funding for their initial product stages and obtain additional resources needed to scale their operations.

SDG Lab has already made headlines with its investments. Among its standout projects are ‘VR Chat&Date,’ a unique virtual dating platform, and niche dating applications like Kiseki, Flure, and AstroLove.

With leadership from Alex Kudos, the former CMO of Social Discovery Group, SDG Lab is offering more than just funding. They are providing startups with vital resources such as legal guidance, administrative support, technical infrastructure, and marketing expertise to ensure their success in building social connection technologies.

“Social interaction is undergoing a transformation, and digital intimacy represents the next big leap,” noted Alex Kudos, CEO of SDG Lab. “Our mission at SDG Lab goes beyond funding—we’re actively shaping the future of human connection. By teaming up with visionary entrepreneurs, we’re crafting technologies that foster meaningful relationships, regardless of geographical constraints.”

Kudos further emphasized that “Virtual relationships and AI-powered connections aren’t just the plots of science fiction; they’re integral to our digital existence today. At SDG Lab, we’re busy developing the next wave of products poised to redefine how we connect, engage, and form relationships in the online world.”