Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.
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Statistics & Forecasts
More than $2.5 billion has been invested in VR and AR companies across more than 200 deals since 2014 says CB Insights (eMarketer)
Total smartwatch shipments will reach 20.1 million units in 2016, an increase of 3.9% from the 19.4 million units shipped in 2015 according to IDC (Business Wire)
IDC predicts 101 million wearable sales in China in 2016 (ReadWrite)
Device Announcements
Fove 0 open for pre-orders in November (The Verge)
HTC Vive now available on Amazon (Road to VR)
Lenovo Project Tango phone delayed until the Fall (TNW)
Funding & M&A
Thalmic Labs raises $158M CAD Series B (BetaKit)
OMsignal announces $13 million in funding alongside launch of smart bra (BetaKit)
Major Milestones
Microsoft’s Actiongram HoloLens app comes out of beta (MSPowerUser)
IMAX preps for virtual reality experience roll-out (Seeking Alpha)
Augmented reality studio castAR picks up ‘Disney Infinity’ devs (Engadget)
LG, Huawei and Lenovo are not releasing smartwatches this year (The Verge)
Microsoft announces partnership with Thyssenkrupp Elevator to roll-out HoloLens to its elevator technicians (Windows Central)
Google launches Cardboard Camera app on iOS (TechCrunch)
Apple hires Oculus and Magic Leap talent (Business Insider)
Microsoft updates its Health app to Band (The Verge)
Facebook adds friends list to Oculus (Ars Technica)
Oculus makes achievements part of the Gear VR and Rift games (Engadget)
Subscribe to The Wearable Weekly
Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!