Nexon Raises $874 million Secondary

Nexon raised $874M in Secondary financing led by Various, with participation from CPPIB, Various. Online gaming — MapleStory and Dungeon Fighter Online. The new capital is framed around Expand MapleStory mobile to Western markets and launch new IPs.

What it does

Online gaming — MapleStory and Dungeon Fighter Online. The business sits in Consumer & Marketplaces, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

5B+ registered users across all titles; DFO mobile sees 100M+ downloads. Management framed the new capital around Expand MapleStory mobile to Western markets and launch new IPs.

Trend impact

Korean gaming giant competing with Tencent and NetEase for mobile gaming. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• April 1, 2021 · Secondary · $874 million · CPPIB, Various
• April 1, 2023 · Growth Round · $200 million · Various

Products & services

• Consumer & Marketplaces workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for consumer & marketplaces teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round