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Nex raises over $150 million to support international expansion of its Nex Playground business. The funding will help broaden retail distribution and grow its content ecosystem with major gaming and entertainment partners.

PRIVATESep 17, 2026

Amount Raised

$150 Million

Round Type

Venture

San JoseSoftwareMedia And Entertainment

Investors

Raine GroupMedici Capital PartnersNBA InvestmentsBAI CapitalBaillie Gifford

Description

Nex, the company behind Nex Playground, announced more than $150 million in new equity and debt financing. This funding will support the company's expansion into international markets. Nex has experienced continued growth in the U.S. consumer sector

Quick answer

NEX raised $150 Million in a funding round, dated September 17, 2026. Investors: Raine Group, Medici Capital Partners, NBA Investments, BAI Capital and Baillie Gifford. NEX is based in San Jose, California, United States.

How much did NEX raise?
NEX raised $150 Million in a funding round on September 17, 2026.
Who invested in NEX?
Raine Group, Medici Capital Partners, NBA Investments, BAI Capital and Baillie Gifford are named as investors in this round.
What does NEX do?
Nex Team Inc., the computer vision company behind HomeCourt, Active Arcade, Party Fowl, Starri, Peppa Pig: Jump and Giggle, and Miniatics, was founded in 2017 by second time entrepreneurs and ex-Apple engineers.
Where is NEX based and how big is it?
NEX is based in San Jose, California, United States. Fundz records about 310 employees.
Who are the decision-makers at NEX?
Fundz holds 3 contacts at NEX, including the Director, Marketing Communications. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Software around the same time

Companies in the same sectors as NEX that raised within 45 days of this round, from Fundz verified event records.

  • Chaos raised $1.3M (Pre-Seed) on October 21, 2026.
  • myTVS raised $44M (Series D) on October 5, 2026.
  • Supabase raised $150M on October 2, 2026.
  • Rivet raised $11M (Seed) on September 25, 2026.
  • Crusoe raised $3.9B (Series F) on September 17, 2026.
  • Crusoe raised $3.1B on September 12, 2026.

Who to call at NEX, and when

A new round usually means NEX is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day NEX raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at NEX, from your own LinkedIn network

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Company Information

Company

NEX

Location

San Jose, California, United States

About

Nex Team Inc., the computer vision company behind HomeCourt, Active Arcade, Party Fowl, Starri, Peppa Pig: Jump and Giggle, and Miniatics, was founded in 2017 by second time entrepreneurs and ex-Apple engineers. Nex has successfully developed amazing user experiences with cutting edge AI technologies. The last startup produced by this award winning team was acquired by Apple, Inc.

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Fundz sees it the moment NEX raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsAlan, Director, Marketing Communications hidden hiddenSee plans and pricing
Predictive Intelligence
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NEX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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