The publisher will be the steward of it moving forward
TheRisk of Rainseries is under new ownership. As part of thefinancial update from Embracer Groupthis week, Gearbox announced they’d acquired the IP forRisk of Rainand its sequelRisk of Rain 2.
Gearbox Publishing wasthe publisherofRisk of Rain 2.Now, it seems the company is taking the reins of the franchise.
“After years of passionate publishing work onRisk of Rain 2, we have developed a deep love and respect for the IP,” reads a statement from Gearbox on theRisk of Rain 2account. “We are eager to prove ourselves as worthy custodians by continuing to bring you world-class content and ensuring a bright future for this genre-leading franchise.”
Risk of Rain joins the Gearbox family.pic.twitter.com/EjlOUVi0Hq
— Risk of Rain (@RiskofRain)July 27, 2025
Developer Hopoo Games, which made bothRisk of Rainand its sequel, shared the news.Their statement describes it as “some excellent news for anyRisk of Rainfans.”
And to be clear, while Gearbox did purchase the IP, the publisherdid not purchase Hopoo Games. So no, this does not mean theRisk of Raindevs have officially joined the increasingly massive number of studios under Embracer Group.
It does, however, leaveRisk of Rain 2in a strange place. In Gearbox’s statement, the publisher says it’s working hard on bringing theSurvivors of the VoidDLC to consoles. There’s also a “very special passion project” that Gearbox and Hopoo are working on together, to be shared soon.
When it rains, it pours
Hopefully, this letsRisk of Rain 2move into stable hands while Hopoo chases something new. That seems like a best-case scenario. And ultimately, I’m glad Hopoo Games has a chance to work on a passion project, too.
BothRisk of Raingames are among my favorite rogue-style games, andRisk of Rain 2in particular really impressed me with how itmoved the original’s action into the 3D space. They’re excellent games. Fans seem a little worried about what this means for the future, and I don’t blame them. But either way, we’ve still got the classicRisk of Rain 2to fall back on.
