The studio was founded in 2014 after founder Will Dubé quit his original job at a mobile video game studio to launch his own project, Jotun on Kickstarter for funding.[1] He originally wanted to name the studio "Lotus Games", though he ultimately avoided this name due to confusion with another company named Lotus Entertainment.[2] The game had a successful crowdfunding campaign which raised over $64,000, surpassing Dubé expectations. The game became a financial success after its launch in 2015, attracting more than 1 million players.[3] The success of the first game allowed the company to start development on their next game, Sundered, a Metroidvania game inspired by Rogue Legacy and Super Metroid. It reached its crowdfunding target a day after its Kickstarter campaign was launched.[4]
Following the release of Sundered, the company signed with investment fund Kowloon Nights for the release of their next game, Spiritfarer. It was a commercial success, selling more than 1 million copies.[5] The company currently has 16 employees. 14 of them are full-time developers, while the remaining two are responsible for publishing the games.[3]