Intellivision cuts latest Amico fundraising campaign short, setting alarm bells ringing

2 years 1 month ago

Intellivision has cut its latest fundraising campaign for the still-unreleased Amico console short, setting yet more alarm bells ringing over the troubled machine's future.

The Amico, designed as a low-spec console with a family focus, was announced in 2018 and initially expected to arrive in October 2020. However, the machine has since been thrice-delayed, with still no sign of a launch in sight. Worse still, a recent SEC filing highlighted "significant debt" for Intellivision and suggested that, having made no revenue since its inception, the company may not be able to operate beyond July 2022 without additional funds - despite 6,000 pre-orders for Amico still being unfulfilled.

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Author
Matt Wales

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