{
  "id": 20168131,
  "title": "Chronicles: Medieval developer declared bankruptcy on the day it announced it was in trouble, but development will continue after a $5 million reprieve from Coffee Stain",
  "url": "https://urgent.news/2026/11/15/chronicles-medieval-developer-declared-bankruptcy-on-the-day-it",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-15T11:27:41.000Z",
  "source": {
    "name": "PC Gamer",
    "slug": "pc-gamer",
    "url": "https://www.pcgamer.com/games/strategy/chronicles-medieval-developer-declared-bankruptcy-on-the-day-it-announced-it-was-in-trouble-but-development-will-continue-after-a-usd5-million-reprieve-from-coffee-stain/"
  },
  "original_language": "en",
  "account": "In late October, Raw Power Games, the developer behind Chronicles: Medieval, announced that they were in trouble due to the sudden withdrawal of funding for their historical sandbox strategy game. The studio found itself at risk of closing down entirely.\n\nHowever, the situation proved to be even more dire than initially reported, with Raw Power Games declaring bankruptcy on the same day. Despite this financial setback, development of Chronicles: Medieval will continue with some of the original creators involved.\n\nCoffee Stain, the developers of Satisfactory, swooped in to purchase the assets and intellectual property of Chronicles: Medieval following the company's bankruptcy. In a press release, Coffee Stain disclosed that they submitted the winning bid in the sale process, paying a total of 36.75 million Danish Krone, or approximately $5.42 million, for the game's intellectual property.\n\nRather than acquiring the assets directly, Coffee Stain will transfer them to a newly established company, which will own 75% of the assets and 25% will be owned by a small group of key members from the original development team. Alongside the purchase, Coffee Stain will also fund the continued development of the game.\n\nCoffee Stain CEO Anton Westbergh expressed his satisfaction with the acquisition, stating that Chronicles: Medieval made a strong impression at its reveal at Summer Game Fest last year. He added that they are eager to help bring the game to players after the recent developments in Copenhagen. He also mentioned that the team will focus on completing the game in collaboration with the new company's management.\n\nAlthough the exact impact on Raw Power Games' existing staff remains unclear, it is likely that Coffee Stain will attempt to transfer as many employees as possible who have worked on the game for years and understand it intimately. However, there is no confirmation of this in Coffee Stain's statement.\n\nChronicles: Medieval is currently the 30th most wishlisted game on Steam, surpassing titles such as Guild Wars 3, Atomic Heart 2, and the upcoming Mass Effect-like Exodus. The game is still slated for an early access release in 2027, but the acquisition's effect on this timeline remains uncertain. Coffee Stain has promised to communicate further details about the game's future, including the release timeline, through the game's own channels.",
  "summary": "A new studio overseen by \"key members\" of the Chronicles team will finish the historical strategy.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}