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Play Labs, a summer accelerator at the Massachusetts Institute of Technology (MIT), announced its first batch of 13 startups that are developing augmented reality and virtual reality technology.
The focus of the startups will be to develop “playful tech” in a variety of industries. The initial companies are focused on AR and VR, as well as online gaming and esports. The summer class will run from June to August, with a demo day on August 15.
The Demo Day will be open to investors, members of the MIT community, and the general public. In addition to the physical event, Play Labs Demo Day will be streamed live on the web for those not in the Boston area. Play Labs is run by by Bayview Labs, and its executive director, Rizwan Virk, an MIT alumnus (MIT ’92 BS Computer Science & Engineering) and a prolific Silicon Valley angel investor, advisor, and mentor, in conjunction with the Seraph Group, a seed stage venture capital investment firm founded by Tuff Yen.
“We are excited at the quality and breadth of startups that we have in our first batch,” said Virk, executive director of Play Labs @ MIT, in a statement. “Being on campus at MIT gave us access to many innovative entrepreneurs and technologies, and while we had many applicants, the startups we selected in this first class represent the best applications of playful technology. I’m personally inspired to help the next group of MIT startups go on to great success.”
“The inaugural class began with teams of creative, passionate and determined people. This is history in the making,” said Yen, in a statement.
The following is a list of the startups in the first batch, as described by MIT:
Coresights: Coresights provides evidence-based training to improve wellness and enhance resilience. The platform combines virtual and augmented reality technologies with clinical-grade wearables to make training engaging and capture real-time data. Datavized: Datavized brings another dimension to enterprise and big data with 3D visualization. Combining the immersive power of virtual reality with the seamless delivery of the mobile web, the software enables cross platform collaboration and enhanced decision making. Empathy Box: The Myth Machine is a first-person mystery-adventure set in the weird, magical world of tech start-ups. It is the first project by Empathy Box, a company that aims at revolutionizing immersive storytelling. Escape Labs: Escape Labs uses innovative technology to create AR and Mixed Reality (AR/MR) experiences for escape-rooms, team-building exercises and room scale puzzles. Our goal is to transform the ordinary physical space into a high quality 4D experience using holographic content. Esports One: Esports One is a revolutionary esports company, comprised of esportspedia, one of the largest esports information resources in the world, and providing an advanced computer vision and real-time data analysis platform for esports. Hidden Switch: Hidden Switch is developing a digital card battler, Spellsource, whose new gameplay lets you connect with the biggest stars in eSports. Based on research at the MIT Media Lab, its mission is to make everybody part of a great player’s journey. Minda Labs: Minda offers virtual reality diversity training to companies who are looking for fresh, research-driven approaches to improving company culture. Our game simulations help employees build empathy and communication skills through practice and feedback from peers. RidgeLine: RoVR is the first […]