Tech Company Financing Transactions
NEX Team Funding Round
NEX Team closed a $150 million Series E financing round on 9/18/2026. Backers included BAI Capital, Baillie Gifford and JPMorgan Chase Bank.
Transaction Overview
Company Name
Announced On
9/18/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$150,000,000
Round
Series E
Investors
BAI Capital (Lead Investor)
Baillie Gifford (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand internationally, broaden its retail distribution, grow its content ecosystem with gaming and entertainment partners, and introduce Connected Play features to allow cross-household multiplayer.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
75 E. Santa Clara St. 900
San Jose, CA 95113
USA
San Jose, CA 95113
USA
Phone
Undisclosed
Website
Email Address
Overview
We believe that being physically active shouldn't be hard work; that moving every day should be fun for everyone, anytime, anywhere, and connected through a shared social experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Lee
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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