Home Tech News Online Dating Company Announces $20M Annual Fund to Accelerate “virtual intimacy” Startups

Online Dating Company Announces $20M Annual Fund to Accelerate “virtual intimacy” Startups

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Online Dating Company Announces $20M Annual Fund to Accelerate "virtual intimacy" Startups

Social Discovery Group, the corporate behind Relationship.com and DateMyAge.com, introduced it’s launched a enterprise studio that goals to “remodel digital intimacy into the brand new regular” by backing early-stage startups in AI-powered communication, XR developments, and social discovery platforms.

Known as SDG Lab, the group has pledged an annual funding of $20 million by offering a “simple” fundraising course of, whereby entrepreneurs can safe seed funding for product improvement and extra capital for scaling.

SDG Lab’s most notable investments embrace digital courting platform ‘VR Chat&Date’, and niche-based courting apps Kiseki, Flure, and AstroLove.

Led by Alex Kudos, former CMO of Social Discovery Group, SDG Lab can also be offering startups constructing social discovery and connection applied sciences with sources, reminiscent of authorized help, back-office help, tech infrastructure, and advertising and marketing experience.

“Social interplay is evolving, and digital intimacy is the following frontier,” stated Alex Kudos, CEO of SDG Lab. “At SDG Lab, we’re not simply funding concepts—we’re co-creating the way forward for human connection. By investing in and partnering with daring entrepreneurs, we’re constructing applied sciences that make significant relationships potential, regardless of the place individuals are on this planet.”

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“Digital relationships and AI-driven connections are now not science fiction—they’re a basic a part of our digital lives,” added Kudos. “SDG Lab is constructing the following era of merchandise that may form how individuals join, have interaction, and construct relationships on-line.”

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