Life is Strange Creator Don't Nod Warned It Will Run Out of Funds This Year, With Tencent No Longer Keen to Invest More Money

French developer Don't Nod will run out of cash this November, unless a new funding source is found. That's according to a financial report by auditors for the firm published this month, which highlighted the dire straits the studio now finds itself in. Headquarted in Paris with a satellite studio in Montreal, Don't Nod is best known for creating the narrative adventure game series Life is Strange, though more recent entries have been made elsewhere. A spiritual successor, Lost Records: Bloom & Rage, finally emerged in February 2025 but underperformed. The company has been searching for a hit in recent years, amid a string of releases that have failed to set tills ringing, including Harmony: The Fall of Reverie, Jusant, Banishers: Ghosts of New Eden, and this year's sci-fi action adventure Aphelion. Now, Don't Nod has been warned it has five months of capital remaining — unless further investment is located imminently. The company is part-owned by Tencent, though auditors have revealed that the Chinese conglomerate is no longer interested in providing further short-term funds. "Your chairman has informed us that he has been seeking additional financing for several months and that a