Warsaw, Poland – July 7th, 2020 — 11 bit studios announced some interesting numbers alongside a new milestone in the growth of its publishing division at its recent yearly company investors conference. After having the second-best quarter in terms of revenue in its history (Q1 2020), 11 bit is taking a huge step in raising its level of investment into both internally developed titles and into its publishing division. Hot on the heels of that comes the announcement of signing a new project to be developed by the cooperating teams of Chibig (Summer in Mara) and Inverge (Effie), with both studios based in Valencia, Spain.
The new project — codenamed Ava — becomes the fourth title in development under the 11 bit studios publishing banner, along with Project Vitriol (Polish developer Fool’s Theory), and both Project Botin and Project Foxhole (in development by Digital Sun Games from Spain). The total sum of investment into these projects is around 25M PLN (~$6.3 million USD). 11 bit studios is also in the midst of development on three of their own games (codenamed Project 8, Eleanor, and Dolly) with the budget of all three closing at 60M PLN (~$15.1 million USD). In total, seven new games are being forged in the 11 bit studios ecosystem with a complete investment sum at 85M PLN (~$21.4 million USD). On top of that, the Frostpunk team is getting close to the release of the game’s final expansion, On The Edge, and it is planned to hit PC stores this summer.
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About 11 bit studios
11 bit studios is a Warsaw-based Polish game development studio known for This War of Mine and Frostpunk as well as a publisher teaming up with indies to bring their gems to life, lately with Moonlighter by Digital Sun Games and Dead Mage’s Children of Morta.