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11 Bit invests $21m in seven new games

11 Bit invests $21m in seven new games

Polish games studio 11 Bit has committed over $21m in funding for seven new projects.

In the company's financial report for the three months ending March 31stas reported by GamesIndustry.biz – the developer is investing $6.3m in four new games which it has signed to its publishing label. These are Project Vitriol from Fool's Theory, Digital Sun Games' Project Botin and Project Foxhole, as well as a new co-developed title from Spanish outfits Chibig and Inverge.

11 Bit is investing the remaining $15.1m into three first-party games: Project 8, Eleanor and Dolly.

For the quarter ending March 31st, 2020, 11 Bit made zł30.5m ($7.7m) in revenue.

The company's breakout hit, This War of Mine, was recently added to school reading lists in Poland. That title has sold well over 4.5m copies since its launch back in 2014. Meanwhile, 11 Bit's Frostpunk has sold over 1.5m units.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.