Investors shun tech generally, but invest big in drone delivery firms

Despite the general cooling of previously hot investor enthusiasm for tech – especially companies pursuing next-generation aviation aircraft and services – startups pursuing what now remain largely conceptual drone delivery operations continue attracting a remarkable flow of development capital according to recently published figures.

Although the number of firms actually transporting food and merchandise orders from businesses to consumers remains limited – in no small part due to regulatory restraints – venture capitalists continuing banking that even still grounded drone companies will eventually deliver on investment. That’s the conclusion of a recent analysis by the finance and funding data site CrunchBase, which says firms working to replace existing car, motorcycle, bike, and even sea ferry couriers took in nearly as much investment in the first half of…