Nex

Nex is a provider of active play systems for families. From its funding announcement.

$150M DebtRaised 47 days agoSan Francisco, USAOtherUSA
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In their own words

What Nex says it is doing

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Public signal Described in the funding announcement as "provider of active play systems for families". Source

Market expansionProductCommercial growthPartnerships

Public signal Read from the company's own description of what the funding supports.

Why now

Where Nex is today

Nex announced a funding round of $150M on 18 September 2026, led by Baillie Gifford and BAI Capital.

Latest round
Debt
Amount
$150M
Announced
18 September 2026
Headquarters
San Francisco, USA
Sector
Other
Growth stage
Growth
Investors
Also participating
NBA Investments, Logitech, Medici Capital Partners, Raine Group, new credit facility with JPMorgan
Lender
Relevant leadership
CEO David Lee

Momentum AfterRaise intelligence

AfterRaise Score

66
Building momentum
1 funding signal in the last 90 days
Funding recency
34/40
announced within the last 60 days
Round scale
22/25
round size relative to the market
Funding stage
10/20
Debt
Funding cadence
0/15
one funding event tracked this year
Arriving with the signals layer
  • Hiring momentum Open roles and hiring pace
  • Market expansion New offices and new countries
  • Leadership Executive appointments
  • Product activity Launches and releases

Since the raise

What has happened since

  • 18 September 2026
    $150M Debt
    Led by Baillie Gifford and BAI Capital.

Public signal The timeline currently holds funding events, because those are the signals AfterRaise observes today. Hiring, leadership, expansion and product events join it with the signals layer.

What may happen next

What this raise could create

AfterRaise intelligenceNot a statement of fact

What may happen next

  • New market entry
  • First local hires in the new market
  • Local entity and legal setup
  • Product launches and new tiers

Opportunities this could create

  • Commercial leadership
  • Operations hiring
  • Go-to-market partnerships
  • Market-entry advisers
  • Local employment infrastructure

Based on the Other sector, a Growth round and the priorities the company itself set out. Not a statement of fact.

High momentum5 connected signals
  • 18 September 2026$150M Debt announced
  • 18 September 2026Stated priority: market expansion
  • 18 September 2026Stated priority: product
  • 18 September 2026Stated priority: commercial growth
  • 18 September 2026Stated priority: partnerships

High momentum means several meaningful company changes have occurred in a short period. Signals here are funding events and the priorities the company stated; hiring, leadership and expansion detection join with the signals layer.

Open to

What Nex is open to

Not yet specified

Nex has not told AfterRaise which approaches it welcomes. Until it does, we do not assume. Offers to help are held and shown to the company, and the company decides whether to open a conversation.

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Opportunities

Ways to work with Nex

All opportunities
OpportunityJOBPublic signal9 days ago
Nex
Hong Kong or Remote

3D Game Environment Artist

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
San Jose, California or Remote

Associate Affiliate / Live Creator Manager (12-month contract)

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
Hong Kong

Associate Art Director / Art Director

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
Remote / Hybrid (Los Angeles-based preferred)

Associate Producer (Motion-Based Games)

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
Hong Kong

Associate Recruiter / Recruiter

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
Japan

Associate Social & Web Manager (12-month Fixed Term Contract)

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
San Jose, California or Remote

Commercial Counsel

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page
OpportunityJOBPublic signal9 days ago
Nex
Hong Kong

DevOps Engineer (Game Production)

Nex is hiring for this role on its own job board, after raising $150M.

Who they want
Approach preferences not yet specified
Apply on Nex’s site →Company page

Helpful contributors

People who have contributed here

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