11 Bit Studios is investing over $21 million in the production of seven new titles.
$6.3 million is being commited to four games that 11 Bit Studios is publishing:
Project Vitriol by Fool’s Theory, Project Botin and Project Foxhole from Digital Sun Games (the studio behind Moonlighter), and another title co-developed by Chibig and Inverge Studios.
Another $15.1 million will be spent on the development of three first-party titles.
Gamesindustry.biz also points out that the investment has been announced following the company’s second highest quarter ever for revenue and profits. In Q1 2020, 11 Bit Studios earned €6.8 million in revenue, more than double the amount earned for the same period last year.
The second quarter has also been great for the company. Last month, the Polish governement included This War of Mine developed by 11 bit studios in the optional school reading list.