Chronicles: Medieval developer faces imminent closure after losing funding: ‘What makes it hurt is how close we are. Early access is in reach’
Raw Power Games faces potential closure after unexpected loss of funding, threatening to cancel Chronicles: Medieval’s planned Early Access launch in early 2027.
Chronicles: Medieval is an open-world medieval sandbox game featuring dynamic environments and large-scale authentic battles. Following more than four years of development, the game was positioned to enter Steam Early Access in the first half of 2027. However, the studio announced Friday that circumstances outside its control resulted in the withdrawal of necessary funding, leaving it unable to continue development and putting the studio’s future in jeopardy.
The unexpected funding loss represents a critical blow to Raw Power Games, which had publicly committed to the Early Access timeline. The studio’s statement emphasized the tragedy of the situation, noting how close they had come to achieving their launch goal. Without continued financial support, the developer cannot sustain operations or complete the work required for Early Access release.
This situation highlights the precarious financial position many independent and mid-sized game developers face, particularly when dependent on single funding sources. The outcome remains uncertain, though the language of the studio’s statement suggests the situation is dire.