Palmer Luckey’s retro gaming startup ModRetro reportedly seeks funding at $1B valuation - TechCrunch

Automated excerpt

ModRetro, the vintage gaming startup by Palmer Luckey, is in talks to raise funding at a $1 billion valuation, according to Financial Times. The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024. The Verge’s Sean Hollister said it “might be the best version of the Game Boy ever made,” but found it hard to separate from Luckey’s reputation as founder of defense tech startup Anduril Industries. “If Lockheed Martin made a Game Boy, would you buy one? ” Hollister asked.

Selected automatically from source text; not independently written or fact-checked. Read the original for full context.