Nex secures $150 million in Series E funding as sales of its family-oriented active console, Nex Playground, surpass one million units. Its subscriber base has grown sevenfold in 18 months to nearly one million, and Nex expects to cross that threshold by year-end. The funding supports expansion into Germany, Japan, and Korea, while former Niantic and Zynga CFO Jeff Shouger joins as CFO and Bing Gordon joins the board.
Nex, maker of the Nex Playground gaming console, raises more than 150 million in new financing. The funding will support expansion of Nex Playground’s retail distribution and content ecosystem, and Jeff Shouger joins the company as CFO.
Nex raises $150 million in debt and equity financing to take Nex Playground to the global market. The article includes executive interviews about the company’s expansion plans.
Nex, the company behind the Nex Playground gaming console, secures more than $150 million in new financing. The funding includes a Series E led by Baillie Gifford and BAI Capital.
