Social Discovery Group launches $20M venture fund to invest in social discovery startups

Social Discovery Group said it was the beginning SDG LaboratoryA $ 20 million corporate enterprise fund will invest in the startups of social discovery.

The mission is to turn the virtual proximity to a new norm. The leadership of the former CMO of Social Discovery Group, Alex Kudos, SDG Laboratory It is more than just an investor – it is a hand partner for entrepreneurs who build innovative social discovery and contact technologies.

SDG Laboratory AI-powered communication is preparing to return early steps on social discovery platforms in the progress of VR / AR and the annual investment fund. Venture Studio provides legal assistance, including legal assistance, rear office support, technological infrastructure and marketing experience, including information and scale focusing on information and scale.

“Social interaction is developing and digital intimacy is the next border,” he said. “In the SDG Laboratory, we do not finance the opinions, we are building a human relationship.

More than 20 years, social discovery team with market administration and more than 500 million users and more than 60 online communication platforms covering 150 countries, including dating.com and datameme. Companies in SDG Laboratory portfolio, use 1200+ experts among the SDG ecosystem using deep industrial knowledge in the user tab, AI and digital communication.

The SDG Laboratory aims to facilitate the starting journey with a simple stock collection process. Entrepreneurs can provide seed funding for the development of MVP and make additional capital for measurement, to ensure a profitable reality of vision.

New Social Startings

In fact, the Fund has already supported the variety of innovative companies that are re-determining how people join online:

Drive – the application of the next generation acquaintance, which stresses security, respect and personal expression.

Astrolove – An online dating platform to suit users based on constellations compatibility.

Kiseki – Japan’s first digital romance platform combines singles between borders.

Terra is a AI-Powered Martech tool that optimizes the user tab via smart automation.

One – AI-manager assistant who increases digital conversations.

VR Chat & History – Video conversations are equipped with a VR that converts immersive, live experiences.

“Virtual relations and AI-based connection are no longer scientific fiction – they are the main part of our digital life,” Kudos said. “The SDG laboratory is building the next generation of products to join the online connection, engage in and build connections on the Internet.”