Social Discovery Group launches SDG Lab, a venture studio to support early-stage startups in AI-powered communication, XR advancements, and social discovery platforms.
SDG Lab commits to an annual investment of $20 million, providing seed funding for product development and scaling for selected startups in the field of virtual intimacy.
Notable investments by SDG Lab include VR Chat&Date, Kiseki, Flure, and AstroLove, focusing on virtual dating and niche-based dating apps.
SDG Lab offers resources like legal assistance, back-office support, tech infrastructure, and marketing expertise to startups working on social discovery and connection technologies.