Zano says it’s sorry for throwing away $3.5 million in crowdfunding

Reaching your funding goal on Kickstarter is only half the battle, the other half is actually providing backers with the product or service that they’re funding. Unfortunately, despite raising $3.5 million and becoming Europe’s most-funded Kickstarter project, Zano was not only unable to deliver the mini-drone that it had promised, but managed to blow away all of the money as well. Although Zano has apologized to backers and explained what happened, it made no mention of whether or not backers would ever be refunded.