Media: Embracer closed the creators of the Gothic and Elex game series

The Piranha Bytes studio, known to many for such game series as Gothic, Risen and Elex, was closed due to lack of funding. The developers shared with CD Action the latest photos in the studio office.

The portal reported this from the words of one of the employees. According to him, Piranha Bytes was allegedly closed at the end of June. It was assumed that third-party investors could buy the studio from Embracer; similar proposals were received from interested parties and even a cash injection of 3 million euros was expected. However, the buyout did not take place, and the funding was only enough to keep the creators of Gothic going until June.

According to CD Action, before the closure, the studio developers were going to start working on a new game. The project in the dark fantasy genre was supposed to be created on the Unreal Engine 5. Work on the graphic component had already begun in the fall, but the studio did not have time to complete the developments.

Representatives of Piranha Bytes and Embracer have not yet officially confirmed the closure information.

By the way, according to GameStar, former creative director of Piranha Bytes Björn Pankratz and his wife Jennifer announced the creation of their own studio — Pithead Studio. The new company will focus on creating RPG games.