Keen Games received a from Tencent and Hiro Capital specifically to develop their "next title," which was built on a brand-new engine. This project was eventually revealed as Enshrouded , which entered Early Access in 2024 and is currently scheduled for a full 1.0 release in Fall 2026 .

The original rights to the Portal Knights IP are largely tied to publisher . Reports from the community suggest:

: It retains the core DNA of the studio—voxel-based building, RPG class progression, and tactical combat. 2. The Fate of the Portal Knights License

: Enshrouded features a more realistic "edgy" art style and a massive, open world instead of the isolated, floating islands of Portal Knights.