Piranha Bytes‘ Björn Pankratz and Jennifer Pankratz have based Pithead Studio.
Jennifer and Bjorn Pankratz – who beforehand served Piranha Bytes as story and recreation designer and artistic director, respectively – hope to „develop immersive and fantastic indie games“ at their new start-up, Pithead, which was shaped on July 4, 2024.
Neither developer commented instantly on their former employer, Embracer-owned Piranha Bytes, which is thought to have shut down at the end of June.
The pair have rebranded their YouTube web page to match their new enterprise and uploaded a five-minute-long video detailing what’s subsequent for the group, explaining that their new studio’s identify was impressed by the mineshafts close to their house.
THQ Nordic acquired German recreation developer Piranha Bytes back in 2019. Neither Embracer nor Piranha have commented formally on the reported closure.