It's not exactly a surprise that both parties -- consumers and VCS -- are shelling out a lot for drones.
Recent drone campaigns on crowdfunding sites like Kickstarter and Indiegogo have blown fundraising goals out of the water. AirDog, an auto-follow drone, raised $1.3 million on Kickstarter with a goal of just $200,000. PlexiDrone, an aerial photography device, raised over $1 million with a goal of $100,000 on Indiegogo.
And VC dollars have flowed to this sector, too. Some in sizable financing rounds -- like Unmanned Innovations (known as Airware), which raised $25 million in July.
Venture capital funding for drone-related startups is very much on the rise. It totaled $412 million in 2014 -- up 44% from 2013, according to PrivCo preliminary 2014 data. That makes it the fastest growing tech sub-sector behind cybersecurity.
PrivCo CEO Sam Hamadeh said that though the sector is still very nascent, funding amounts like Unmanned Innovations and Ghost Drones bode well for VC drone investing in 2015.
Full article here Drone Startups