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ModRetro, a retro gaming startup founded by Palmer Luckey, is in talks to raise $1 billion in funding. According to the Financial Times.
The company launched its first product, A portable Game Boy-style device called the Chromaticin 2024. said Sean Hollister of The Verge “It might be the best version of the Game Boy ever,” but she found it difficult to separate it from Luckey’s reputation as founder of defense technology startup Anduril Industries.
“If Lockheed Martin made a Game Boy, would you buy one?” Hollister asked.
Lackey said last year He said he had been trying to build a Game Boy-inspired device “off it as a hobby for nearly seventeen years now” and described the Chromatic as the result of “hundreds of irrational decisions” that made it “an authentic, uncompromising celebration of everything that made the console special.”
The FT reports that ModRetro is working on other devices, including one designed to mimic the Nintendo 64.
Meanwhile, the Trump administration appears to have done just that I embraced Lackey’s vision of autonomous weaponswith Anduril is reportedly in talks To raise a new financing round at a valuation of $60 billion.