Chronicles: Medieval Developer Faces Potential Closure

Another ambitious project in the video game industry is at risk. Raw Power Games, the developer of the open-world sandbox game Chronicles: Medieval, has announced that the loss of funding may lead to the studio's closure in the near future.
A Sudden Crisis
According to Raw Power Games, their financial difficulties were unexpected. As recently as October, the studio was actively sharing progress updates, including detailed information on the design of medieval heraldry. There was no indication that the team was in such a critical situation.
"Due to circumstances beyond our control, the funding essential for the existence of Raw Power Games has been terminated. Without these resources, we can no longer continue work on Chronicles: Medieval, and the studio faces a real risk of closure," the company stated in an official announcement. The developers noted that the most painful aspect is how close the game was to its early access stage.
Controversial Decisions
The project's development path has not been straightforward. Last year, Raw Power Games drew significant attention for its use of artificial intelligence. Initially, studio leadership stated that generative AI was at the core of their vision and would be used actively in the development process.

However, the company later shifted its stance significantly. Technical director Kaspar Strandbygaard claimed that Chronicles: Medieval is "100% hand-crafted" and contains no AI-generated elements. The studio hoped this statement would reassure players who were concerned that such technology might negatively impact the game's visual quality.
What Lies Ahead for the Project?
Despite the dire situation, Raw Power Games is not giving up. The studio is urging fans to add Chronicles: Medieval to their Steam wishlists and to share the game on social media. These actions may help the team attract potential investors.
It remains unclear how much time the studio has before it must close its doors. However, given that the game is technically nearly ready for an alpha test planned for early 2027, there is a glimmer of hope that the financial crisis can be overcome. For players who appreciate large-scale historical simulators, this news serves as another reminder of how vulnerable independent studios are in the global market.