11 Bit Studios is investing more than $21 million in the production of seven different games.
The Polish company's current slate includes four games signed to its publishing label: Fool's Theory's Project Vitriol, Project Botin and Project Foxhole from Moonlighter dev Digital Sun Games, and a new game co-developed by the Spanish studios Chibig and Inverge Studios.
The total investment in these four products will be $6.3 million.
11 Bit Studios is also developing three first-party products, codenamed Project 8, Eleanor, and Dolly. The company's total first-party investment is $15.1 million.
The confirmation of this investment follows its strong first calendar quarter performance -- the company's second highest quarter ever for revenue and profits.
In the quarter ended March 31, 2020, 11 Bit Studios earned PLN 30.5 million (€6.8 million) in revenue, more than double the amount earned in the same quarter last year. It also earned PLN 14.5 million (€3.2 million) in net profit, up more than 200%.