Nex Playground has cleared one million hardware units sold and locked in another $150 million, a Series E co-led by Baillie Gifford and BAI Capital with JPMorgan credit on the side.
The family-oriented motion console now sits in over 7,000 U.S. retail doors while its subscription base has grown sevenfold in 18 months and sits just shy of one million active users, a target the company expects to cross by year-end.
Germany arrives before December at €319, with Japan and Korea slated for 2027; former Niantic and Zynga CFO Jeff Shouger joins the board alongside Bing Gordon as the operation scales inventory and supply chain for the next markets.
CEO David Lee framed the round as fuel for a “100-year company,” though the same quarter brought a U.S. price lift from $249 to $299 to offset component costs.
President Thomas Kang called the UK rollout “beating forecasts,” which in this business counts as a mild positive before the next set of metrics arrive.