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

Social Discovery Group said it is starting SDG Lab, a $20 million corporate venture fund that will invest in social discovery startups. The mission is to transform virtual intimacy into the new normal. Led by Alex Kudos, former CMO of Social Discovery Group, SDG Lab is more than just an investor—it is a hands-on partner for entrepreneurs building innovative social discovery and connection technologies. SDG Lab is poised to back early-stage startups in AI-powered communication, VR/AR advancements, and social discovery platforms with an annual investment fund of $20 million. The venture studio provides founders with critical resources, including legal assistance, back-office support, tech infrastructure, and marketing expertise—allowing them to focus on innovation and scale. “Social interaction is evolving, and digital intimacy is the next frontier,” said Kudos, CEO of SDG Lab, in a statement. “At SDG Lab, we’re not just funding ideas—we’re co-creating the future of human connection. ... Read full article.