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Atari invests in Antstream, might buy Mobygames

Date Type Companies involved Size
November 25th, 2021 investment Antstream Arcade
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 Forbes-Calvin is a freelance writer and photographer, mostly operating within the games industry. Over his career, he has written for the likes of MCV, Eurogamer, GamesIndustry.biz, The Observer, VGC and Esquire. That's on top of writing books for Dark Horse on RuneScape, Assassin's Creed, Dead Island 2 and more.