Social Discovery Group said it starts SDG LabA 20 million dollar company company that invests in social discovery startups.
The mission is to transform virtual intimacy into the new normality. Under the direction of Alex Kudos, former CMO of the Social Discovery Group, SDG Lab Is more than just an investor-es is a practical partner for entrepreneurs who build innovative social discovery and connection technologies.
SDG LAB is ready to attribute startups in the early stages in AI-powered communication, VR/AR progress and social discovery platforms with an annual investment fund of $ 20 million. The venture studio offers founders critical resources, including legal aid, back office support, technical infrastructure and marketing skills.
“Social interaction develops and digital intimacy is the next border,” said a Kudos, CEO of SDG Lab, in an explanation. “In the SDG laboratory, we not only finance ideas-we will put together the future of human connection. By investing in brave entrepreneurs and working with a partnership, we build technologies that enable meaningful relationships, no matter where people around the world are. “
With over 20 years of market leadership, the Social Discovery Group brings operative expertise and a network of 500 million users with 150 countries and over 60 online communication platforms, including dating.com and dateyage. Companies in the portfolio of SDG Lab benefit from access to more than 1,200 experts in the entire SDG ecosystem, whereby knowledge in the industry in terms of commitment, AI and digital communication is using it.
SDG Lab aims to simplify the start -up trip with a simple fundraising process. Entrepreneurs can secure seed financing for MVP development and additional capital for scaling and ensure that their vision becomes a profitable reality.
New social startups
In fact, the fund has already supported a large number of innovative companies that redefine how people connect online, including:
Next generation dating app, in which security, respect and personal expression are emphasized.
Astroolove -an online dating platform based on the horoscope compatibility based on the horoscope compatibility.
Cisk – Japan’s first communication platform for digital romance that connects singles across borders.
Terra-a Ki-driven Marteech tool that optimizes users engagement through intelligent automation.
The one-a-controlled communication assistant that improves digital conversations.
VR Chat & Date-a VR-driven platform that turns video chats into immersive, lifelike experiences.
“Virtual relationships and AI-controlled compounds are not a science fiction multi-sie are a fundamental part of our digital life,” added a kudos. “SDG LAB builds the next generation of products that are involved in the connection that combines each other and establish online relationships.”
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