One of the investors backing Leap Motion, the company behind the 3D gesture control hardware coming out on July 22, today announced a new $25 million fund to support the development of third-party apps for the platform (via CNET):

The Leap Fund was designed so that HCP can invest in promising technologies and companies utilizing Leap Motion’s technology. Given that that technology has obvious applications across a wide range of industries, from gaming to medical to architecture and beyond, it’s easy to imagine any number of potential investments for the fund. Highland also plans on offering mentorship and other advice to those receiving money through the Leap Fund, and Leap Motion and Highland together plan to be involved in “joint community activities to help foster innovation and entrepreneurship around Leap Motion’s technology platform,” they said in a release.

As a reminder, we went hands on with the Leap Motion controller a couple times already and enjoyed the experience.

FTC: We use income earning auto affiliate links. More.

Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author