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Ivy Road to Close Tuesday After Failing to Secure Funding for Next Game

The shutdown highlights how tighter financing is squeezing even well-regarded indie teams.

Overview

  • Ivy Road, the studio behind Wanderstop, will close Tuesday, March 31, 2026, after it could not land a publisher for its follow-up project.
  • The team said raising money for games is especially difficult right now and that the concept, called Engine Angel, could not secure a deal.
  • Ivy Road shared a short concept clip for Engine Angel that suggests a whimsical car-combat style, though the design was not confirmed.
  • Wanderstop will stay on sale for PS5, Xbox Series, and PC, and publisher Annapurna Interactive plans to share how it will bring the game to more players.
  • The studio directed potential employers to a Bluesky hiring thread as many developers now seek new roles, and it noted its roster includes creators like Davey Wreden, Karla Zimonja, and composer Daniel “C418” Rosenfeld.