Former Xbox COO Helen Chiang denies sudden departure was result of "policy violation"
She also quashed other allegations relating to bullying and leaking information to press.
"The necessary funding behind Raw Power Games is no longer in place."
Danish studio Raw Power Games, the developer behind the 26th most-wishlisted video game on Steam (thanks, SteamDB), could be shuttered after losing access to financing.
In a statement posted on X, the company said it is facing the real risk of closure "due to circumstances outside our control." It means the studio is unsure whether it will be able to bring its debut title, Chronicles: Medieval, to market.
"The necessary funding behind Raw Power Games is no longer in place," reads the statement. "Without it we can't keep building Chronicles: Medieval."
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