Coffee Stain has agreed to buy the Chronicles: Medieval IP and related assets from Raw Power Games’ bankruptcy estate. It will fund continued development after Raw Power was declared bankrupt on 30 October.

As spotted by PC Gamer, Coffee Stain’s official announcement sets the cash purchase price at DKK 36.75 million, excluding transaction costs. The newly established company will be owned 75% by Coffee Stain and 25% by a small group of key members from the original development team.

Infantry with swords and shields face a mounted knight on a grassy battlefield in Chronicles: Medieval.
Image: Raw Power Games. Official promotional screenshot.

Coffee Stain will fund both the asset purchase and further development. The transaction will complete when the purchase price is paid to the estate, which the company expects in the coming weeks, so this is an agreed deal rather than a completed acquisition of Raw Power Games itself.

Chronicles: Medieval is pitched as a sandbox set in the Europe of the Hundred Years’ War, putting you in charge of an army while also letting you fight alongside it. The official Steam page describes real-time orders, large battles and different battlefield roles for troops including longbowmen, cavalry and men-at-arms. Being the person issuing the orders apparently does not get you out of being hit with a sword.

Beyond individual fights, the developer’s pitch includes exploration, trading and building a reputation through the forces you command and the choices you make. It is intended to launch into Early Access on Windows PC, giving players a chance to influence how the wider sandbox develops.

Steam still lists a broad 2027 release window, with no exact date or purchase price shown. Coffee Stain says further plans, including the release timeline, will be communicated through the game’s own channels, leaving those details to a later announcement.