Finnish mobile developer Shipyard Games has announced its closure.
As reported by PocketGamer, CEO and co-founder Andreas Wedenberg cited lack of investment as the main reason for the closure in a message posted on the studio's Discord server.
“Unfortunately, the company's situation is critical, we have been running out of money and our previous investor did not want to continue supporting us despite how promising the game was,” said Wedenberg, referring to their recent release Wizards & Kingdoms GO.
“This means that, with much regret, we will be closing down the company in about two months. The game will not receive any more updates and, as we can no longer pay for the servers, the game will eventually be taken offline.”
Wedenberg concluded: “We sincerely appreciate all of your help, feedback, bug reports, memes, tutorials, and kind words for the team. We're very sorry that we weren't able to finish the game you all deserve, but unfortunately dreams often need money to come true, and we're out of it.”
Shipyard Games was founded in 2017. A couple of months later, Supercell invested $2.9 million in the studio.