{"id":1748662,"date":"2026-11-15T12:30:48","date_gmt":"2026-11-15T12:30:48","guid":{"rendered":"http:\/\/xTSY9qGhfXuxdFacFCQfyL"},"modified":"2026-11-15T12:30:48","modified_gmt":"2026-11-15T12:30:48","slug":"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","status":"publish","type":"post","link":"https:\/\/arcader.org\/news\/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\/","title":{"rendered":"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"},"content":{"rendered":"<article>\n<p>In late October,<a href=\"https:\/\/www.pcgamer.com\/games\/rpg\/chronicles-medieval-announcement-sgf\/\"> Chronicles: Medieval<\/a> developer Raw Power Games <a href=\"https:\/\/www.pcgamer.com\/games\/sim\/chronicles-medieval-developer-faces-imminent-closure-after-losing-funding-what-makes-it-hurt-is-how-close-we-are-early-access-is-in-reach\/\">announced that it was in trouble<\/a>. Funding for its ambitious, historical sandbox strategy had suddenly been pulled, and as a result the studio was at &#8220;real risk of closing&#8221;. But it turns out the situation was even more dire than the announcement suggested, as Raw Power Games declared bankruptcy on the same day.<\/p>\n<p>Despite this, development of Chronicles: Medieval will continue with at least some of its original creators involved, after<a href=\"https:\/\/www.pcgamer.com\/satisfactory\/\"> Satisfactory<\/a> developers Coffee Stain swooped in to purchase the assets and IP.<\/p>\n<p>In a<a href=\"https:\/\/coffeestain.com\/release\/coffee-stain-enters-into-agreement-to-acquire-chronicles-medieval-ip\/\" target=\"_blank\"> press release<\/a>, Coffee Stain said that it submitted the winning bid in Raw Power&#8217;s sale process following the company&#8217;s bankruptcy, paying 36.75 million Danish Krone (around $5.42 million) for Chronicles: Medieval&#8217;s intellectual property.<\/p>\n<p>Rather than acquire the assets directly, however, Coffee Stain will transfer them directly to a &#8220;newly established company&#8221; that is owned 75% by Coffee Stain, and 25% by &#8220;a small group of key members of the game&#8217;s original development team.&#8221; Alongside paying full purchase price for Chronicles: Medieval&#8217;s assets, Coffee Stain will also fund the continued development of the game.<\/p>\n<p>In a statement, Coffee Stain CEO Anton Westbergh said that &#8220;Chronicles: Medieval made a strong impression at its reveal at Summer Game Fest last year. We&#8217;re happy to step in and help bring it to players after the recent developments in Copenhagen.&#8221; He also explained that &#8220;Things have been moving fast around this deal, and our short-term focus will be on working out how best to complete the game, together with the new company&#8217;s management team.&#8221;<\/p>\n<div class=\"youtube-video\" data-nosnippet >\n<div class=\"video-aspect-box\"><iframe data-lazy-priority=\"high\" data-lazy-src=\"https:\/\/www.youtube-nocookie.com\/embed\/219vW0b-1aY\" allowfullscreen=\"\"><\/iframe><\/div>\n<\/div>\n<p>Chronicles: Medieval is in the top 30<a href=\"https:\/\/steamdb.info\/stats\/mostwished\/\" target=\"_blank\"> most wishlisted<\/a> games on Steam, higher than the likes of<a href=\"https:\/\/www.pcgamer.com\/guild-wars-3\/\"> Guild Wars 3<\/a>,<a href=\"https:\/\/www.pcgamer.com\/games\/fps\/atomic-heart-2-is-coming-and-it-looks-like-an-open-world-genre-mashup-of-a-bunch-of-other-sci-fi-dystopias\/\"> Atomic Heart 2<\/a>, and the upcoming<a href=\"https:\/\/www.pcgamer.com\/games\/action\/mass-effect\/\"> Mass Effect<\/a>-like<a href=\"https:\/\/www.pcgamer.com\/exodus\/\"> Exodus<\/a>, so it&#8217;s clear why this was an attractive proposition for Coffee Stain. What isn&#8217;t clear from all this is how this affects Raw Power&#8217;s existing staff. Presumably, Coffee Stain will seek to transfer as many people from Raw Power as they can, given they&#8217;ve been working on the game for years and therefore understand it intimately. But there&#8217;s nothing in Coffee Stain&#8217;s statement that confirms this.<\/p>\n<p>According to its Steam page,<a href=\"https:\/\/store.steampowered.com\/app\/2231020\/Chronicles_Medieval\/\" target=\"_blank\"> Chronicles: Medieval<\/a> is still slated for an early access release in 2027, but it isn&#8217;t clear at this juncture whether the acquisition will affect this. In its press release, Coffee Stain states that &#8220;further information about the plans for the game, including the release timeline, will be communicated through the game\u2019s own channels in due course.&#8221;<\/p>\n<div class=\"product\"><a data-dimension112=\"c5219838-e0e7-11f1-bda6-7d7d6e870982\" data-action=\"Deal Block\" data-label=\"2026 games\" data-dimension48=\"2026 games\" target=\"_blank\" rel=\"nofollow\"><\/p>\n<figure class=\"van-image-figure \" >\n<div class='image-full-width-wrapper'>\n<div class='image-widthsetter' style=\"max-width:661px;\">\n<p class=\"vanilla-image-block\" style=\"padding-top:98.94%;\"><img loading=\"lazy\" decoding=\"async\" id=\"6offQUY4CXebir2TC27dMd\" name=\"kingdom come 2 square\" caption=\"\" alt=\"\" src=\"https:\/\/arcader.org\/wp-content\/uploads\/2026\/11\/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.jpg\" mos=\"\" align=\"middle\" fullscreen=\"\" width=\"661\" height=\"654\" attribution=\"\" endorsement=\"\" credit=\"\" class=\"\" \/><\/p>\n<\/div>\n<\/div>\n<\/figure>\n<p><\/a><\/p>\n<p><a href=\"https:\/\/www.pcgamer.com\/games\/new-pc-games-2026\/\" target=\"_blank\" data-dimension112=\"c5219838-e0e7-11f1-bda6-7d7d6e870982\" data-action=\"Deal Block\" data-label=\"2026 games\" data-dimension48=\"2026 games\" data-dimension25=\"\"><strong>2026 games<\/strong><\/a>: All the upcoming games<br \/><a href=\"https:\/\/www.pcgamer.com\/the-best-pc-games\/\" target=\"_blank\"><strong>Best PC games<\/strong><\/a>: Our all-time favorites<br \/><a href=\"https:\/\/www.pcgamer.com\/the-50-best-free-pc-games\/\" target=\"_blank\"><strong>Free PC games<\/strong><\/a>: Freebie fest<br \/><a href=\"https:\/\/www.pcgamer.com\/best-fps-games\/\" target=\"_blank\"><strong>Best FPS games<\/strong><\/a>: Finest gunplay<br \/><a href=\"https:\/\/www.pcgamer.com\/best-rpgs-of-all-time\/\" target=\"_blank\"><strong>Best RPGs<\/strong><\/a>: Grand adventures<br \/><a href=\"https:\/\/www.pcgamer.com\/the-best-co-op-games\/\" target=\"_blank\"><strong>Best co-op games<\/strong><\/a>: Better together<\/p>\n<\/div>\n<\/article>\n<p><a href=\"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\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In late October, Chronicles: Medieval developer Raw Power Games announced that it was in trouble. Funding for its ambitious, historical sandbox strategy had suddenly been pulled, and as a result the studio was at &#8220;real risk of closing&#8221;. But it turns out the situation was even more dire than the announcement suggested, as Raw Power Games declared bankruptcy on the same day. Despite this, development of Chronicles: Medieval will continue with at least some of its original creators involved, after Satisfactory developers Coffee Stain swooped in to purchase the assets and IP. In a press release, Coffee Stain said that it submitted the winning bid in Raw Power&#8217;s sale process following the company&#8217;s bankruptcy, paying 36.75 million Danish Krone (around $5.42 million) for Chronicles: Medieval&#8217;s&hellip;<\/p>\n<p class=\"excerpt-more\"><a class=\"blog-excerpt button\" href=\"https:\/\/arcader.org\/news\/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\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1748663,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[748,516],"class_list":["post-1748662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pc-gamer","tag-games","tag-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<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 | Arcader News<\/title>\n<meta name=\"description\" content=\"In late October, Chronicles: Medieval developer Raw Power Games announced that it was in trouble. 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