Dont Nod in funding squeeze as Aphelion project risks shrinkage

TL;DR Summary
Dont Nod, the French studio behind Life is Strange, warns its cash reserves may be depleted by November as Tencent backs away from funding its next project. With about €8.8m in cash as of April, leadership is exploring other publishers, but no commitments have been made. The board will meet on June 17 to discuss options, and the company may cut or scale back Project P14, potentially triggering layoffs and a reduced scope while negotiations continue amid a broader industry funding pull from major publishers.
- Aphelion and Life is Strange developer Don't Nod in trouble as it struggles to secure funding for its next project Eurogamer
- Life is Strange Creator Don't Nod Warned It Will Run Out of Funds This Year IGN
- Auditors warn Don't Nod will run out of cash by November if it is unable to secure financing GamesIndustry.biz
- Risk of insolvency: Don't Nod is threatened with insolvency. PlayFront
- DON’T NOD is facing difficulties. It might go bankrupt by the end of the year WN Hub
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