tech
March 9, 2026
Palmer Luckey’s retro gaming startup ModRetro reportedly seeks funding at $1B valuation
The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024.
TL;DR
- ModRetro, founded by Palmer Luckey, is reportedly in talks to raise funding at a $1 billion valuation.
- The company launched its first product, the Chromatic, a Game Boy-style handheld, in 2024.
- The Chromatic has been described as a potentially superior version of the Game Boy, focusing on authentic celebration of the original console.
- ModRetro is also working on other devices, including one designed to emulate the Nintendo 64.
- Palmer Luckey is also the founder of defense tech startup Anduril Industries.
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