Chronicles: Medieval Developer ‘At Real Risk of Closing’ Before Release as Funding ‘No Longer in Place’

Raw Power Games, developer of the medieval open-world action/strategy sandbox Chronicles: Medieval, announced that the studio faces closure before its Early Access launch due to funding falling through. In a statement posted on social media, the team revealed that circumstances beyond their control have eliminated the necessary financial backing required to continue development.

Despite the dire situation, Raw Power Games noted that the Early Access release is “within reach,” and the development team has poured significant effort into the project. The studio expressed gratitude toward the passionate team members who have “put everything they have” into Chronicles: Medieval, acknowledging the weight they’re carrying during this crisis.

The announcement also thanked players who have wishlisted the game, emphasizing the community support that has sustained interest during development. The timing of this crisis is particularly unfortunate, coming just as the game was approaching its Early Access debut—a critical milestone that could have provided revenue and validation for the project.

The situation highlights the precarious financial position many independent game studios face, particularly those dependent on external funding sources. Without immediate intervention or alternative funding, Raw Power Games risks shutting down before delivering its first title to players.

Sources