Active Play
Ongoing coverage on Active Play.
Latest coverage
Nex Playground maker secures over $150 million to expand globally
Nex, the company behind the controller-free Nex Playground console, has secured over $150 million in financing to support its global expansion. The active play system has sold over 1 million units and is targeting Europe and Asia. The company also appointed Jeff Shouger as its new CFO.
Nex Playground announces $150m in new funding as hardware sales pass one million
Nex Team has secured $150 million in Series E funding, co-led by Baillie Gifford and BAI Capital, as sales of its Nex Playground active console surpass one million units. The company's subscriber base has grown sevenfold in 18 months to nearly one million. The new funding will support international expansion, inventory, and go-to-market initiatives, with former Niantic CFO Jeff Shouger and executive Bing Gordon joining the team.
