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526 Palmer Luckey’s retro gaming venture seeks $1bn valuation as FPGA-based Nintendo 64 clone launch nears — ModRetro's M64 console plays original N64 cartridges, supports 4K resolution

Tom's Hardware
Tom's Hardware · 03/08/2026 10:38 EDT

Palmer Luckey’s retro gaming venture seeks $1bn valuation as FPGA-based Nintendo 64 clone launch nears — ModRetro's M64 console plays original N64 cartridges, supports 4K resolution

Palmer Luckey is said to be in talks with investors to raise funds for ModRetro at a $1 billion valuation as the retro gaming company prepares to ship its second product.

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