Play Labs is a new startup incubator/accelerator program for MIT-affiliated startups using playful technologies such as virtual and augmented reality, 3D modeling, gamification, and artificial intelligence. Startups will have access to speakers, advisors, and mentors that are relevant and tailored to their industry as well as hands-on mentoring. Play Fund has been created to give investors the opportunity to invest in companies that graduate from Play Labs. The Fund is expected to invest up to $80,000 in each startup that finishes the program and meets certain investment criteria as determined by the Fund’s Managers, Bayview Labs and Seraph Group.