NetEase-funded Game Studio Pixel Castle Shuts Down After Funding Ends

Pixel Castle, a game studio originally opened and funded by NetEase, is facing closure after just two years of operation. The studio head, Greg Street, announced that the time as an internal studio is coming to an end, and the entire team could be made redundant if they don’t find another publisher or investor soon.

Despite efforts to secure new funding or partnerships, Pixel Castle has been unable to acquire the necessary support to continue their operations. This news comes as another blow to the gaming industry, with multiple studios facing closure due to funding challenges.

It’s a challenging time for game developers, as the industry continues to evolve and adapt to changing market trends. The closure of Pixel Castle serves as a reminder of the risks involved in the competitive world of game development.

As the gaming community mourns the loss of Pixel Castle, industry experts are reflecting on the impact of funding challenges on game studios. The future of the studio remains uncertain, but its legacy in the gaming world will not be forgotten.