DJI

Investment in Drone Industry Grows to $1.2 billion

By the end of 2019, total investment in the drone industry was a record-high of $1.2 billion, a Year-Over-Year growth of 67% – this is according to the data acquired by Finbold.com. The report indicates that venture capital funding stood at $930 million at the end of last year. VC funding accounts for 68.87% of all drone industry investment The data shows how between 2008 and 2019 funding in the sector stood at $4.43 billion while venture capitalists pumped in a total of $3.46 billion by last year. In general, drone investment through VC represented 68.87% of all funding. There was a significant spike in the investment between 2012 ($42 million) and 2013 ($121 million) with a growth of about 188.1%. Venture Capital funding joined the drone sector by only $2 million in 2010, a figure t...