[STEAM] Anime action RPG studio Pahdo Labs shuts down despite accruing $17.5M in funding: 'We believed making a demo of a familiar but new game would be our best shot'

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In November, just three months after it launched into early access,

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. Despite a demo that did well during Steam Next Fest, the anime action RPG underperformed at launch. Pahdo Labs laid off half its team, halted updates, and said it was going "back to the drawing board", with a follow-up announcement promised for February...

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