Nex, which makes Nex Playground, raised a $150M Series E; Nex has sold 1M units of the motion-based gaming system targeted toward kids since its launch in 2023 (Sophie McEvoy/GamesIndustry.biz)

Nex, the maker of the Nex Playground motion-based gaming system for children, secured $150 million in a Series E round. The company has sold 1 million units of the device since its 2023 launch, targeting a growing market for interactive, motion-controlled play. The funding is expected to accelerate product development and expand market reach.