# Reggie Chan

> Reggie Chan is a Hong Kong-based serial entrepreneur and Co-Founder of Nex (nex.inc), the motion-gaming company behind the Nex Playground console - a $249 camera-based gaming device that outsold Xbox in the US during Black Friday 2025 and hit $150M+ in annual revenue. Before Nex, Chan co-founded EditGrid, an online spreadsheet startup acquired by Apple in 2008, then spent nearly a decade at Apple as a Software Engineering Manager before betting everything on body-motion entertainment. At Nex, his team has built technology that tracks 18 body points per player, enabling real physical movement as the controller - no wires, no wearables, just your body and a TV.

- **Role:** Co-Founder at Nex (NEX Team Inc.)
- **Organizations:** Nex (NEX Team Inc.), HomeCourt, Active Arcade, EditGrid, Apple
- **Nationality:** Hong Kong
- **Education:** Bachelor of Software Engineering (with studies in Business Administration / Information Systems), The University of Hong Kong
- **Known for:** Co-founded EditGrid, acquired by Apple in 2008 for iWork.com development, Helped build HomeCourt, the AI basketball training app featured at Apple's 2018 iPhone XS keynote, Co-founded Nex, which raised $40M+ total funding from NBA, Will Smith's Dreamers Fund, Samsung Ventures, Blue Pool Capital

## Career timeline

- **2000-2004** — Studied Software Engineering and Business Administration at The University of Hong Kong
- **2004** — Co-founded EditGrid, an online collaborative spreadsheet platform based in Hong Kong
- **2007** — EditGrid raised $1.25M Series A from WI Harper Group
- **2008** — Apple acquired EditGrid; Reggie joined Apple as a Software Engineering Manager
- **2008-2017** — Served as Software Engineering Manager at Apple (approx. 9 years)
- **2017** — Co-founded NEX Team Inc. with David Lee and Tony Sung in San Jose, CA
- **2018** — Launched HomeCourt basketball AI app; featured at Apple iPhone XS keynote with Steve Nash
- **2018** — Raised $4M seed round from Mark Cuban, Steve Nash, Jeremy Lin, Harris Blitzer Sports & Entertainment
- **2019** — Won Apple Design Award; announced NBA strategic partnership; raised $8.5M Series A
- **2020** — NBA Draft Combine went virtual using HomeCourt technology
- **2021** — Raised $25M Series B led by Blue Pool Capital; launched Active Arcade app
- **2021** — Announced Nike partnership
- **2023** — Launched Nex Playground hardware console ($199 intro price); named TIME Best Inventions 2023
- **2024** — Sold 150,000 Nex Playground units; received additional $30M in funding for production expansion
- **2025** — Sold 600,000 Nex Playground units (4x growth); outsold Xbox during Black Friday; surpassed $150M in annual revenue; achieved profitability; ~1M total units sold in US

## Achievements

- Co-founded EditGrid, acquired by Apple in 2008 for iWork.com development
- Helped build HomeCourt, the AI basketball training app featured at Apple's 2018 iPhone XS keynote
- Co-founded Nex, which raised $40M+ total funding from NBA, Will Smith's Dreamers Fund, Samsung Ventures, Blue Pool Capital
- Nex Playground named TIME Best Inventions 2023
- Nex Playground won Parents Magazine Best New Entertainment System for Teens and Tweens 2023
- Nex Playground briefly outsold Xbox in the US during Black Friday 2025 (second best-selling hardware SKU by units)
- Nex Playground sold ~1 million units in the US
- Nex generated over $150M in annual revenue by 2025
- HomeCourt has been played in over 200 countries
- Active Arcade nominated for Apple Design Award for Innovation and Social Impact
- Nex listed among TIME's 100 Most Influential Companies 2026 (Entertainment)

## Latest updates

- **2025-11** — Nex Playground outsold Xbox during Black Friday 2025 week, claiming 14% of total hardware unit sales in the US
- **2025-01** — Nex Playground sold 600,000 units in 2025, 4x growth over 2024, generating $150M+ in revenue
- **2024-01** — Nex raised $30M in new funding for production expansion of the Nex Playground console
- **2023-12** — Nex Playground console launched at $199 introductory price; named TIME Best Inventions 2023
- **2026-01** — Nex listed among TIME's 100 Most Influential Companies 2026 for Entertainment

## Links

- Website: https://nex.inc
- LinkedIn: https://www.linkedin.com/in/reggie-chan-8506787/
- Twitter/X: https://x.com/reggiechan

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Profile page: https://yespress.io/reggie-chan
Published by YesPress — https://yespress.io
Last updated: 2026-05-23