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Atari invests in Antstream, might buy Mobygames

Date Type Companies involved Size
November 25th, 2021 investment Atari Not disclosed
Atari invests in Antstream, might buy Mobygames

Games firm Atari has invested in retro streaming platform Antstream.

The firm has put $500,000 behind the company with the option to strategically invest up to $3.5 million in Antstream later down the line. Atari and Antstream partnered up in the past for the VCS microconsole.

"The investment in Antstream Limited was made pursuant to a convertible loan agreement that can be converted into equity of Antstream Limited in a future financing, with an initial investment of $500,000," Atari said.

The firm has also said that it has been given the option to buy video game database MobyGames for $1.5 million by March 2022 from its current owners, Blue Flame Labs.

Atari's new CEO Wade Rosen has said that he wants to give the company focus after years of the firm getting into crypto and other new markets.


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PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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