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Tom’s Hardware
Tom’s Hardware
Technology
Luke James

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

ModRetro M64.

Palmer Luckey is said to be in talks with investors to raise funds for ModRetro at a $1 billion valuation, according to the Financial Times. The news comes as the retro gaming company prepares to ship its second product, an FPGA-based Nintendo 64 clone called the M64.

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