The $35 million figure in the headline is not verified by the available sources. The designer and studio are identifiable: Jenova Chen and thatgamecompany, creator of Journey and Sky: Children of the Light. But the company’s confirmed funding announcement is a different transaction: TPG said it and Sequoia invested $160 million in thatgamecompany on March 3, 2022. That announcement does not establish a separate $35 million raise.
Who is behind Sky and Journey?
Jenova Chen is thatgamecompany’s co-founder and CEO; the studio also identifies him as its creative director. Founded in 2006, the company lists flOw, Flower, Journey and Sky: Children of the Light among its games. It dates Journey to 2012 and Sky to 2019 in its May 2026 anniversary announcement.
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Chen has described the studio’s ambition in artistic terms. In TPG’s 2022 announcement, Chen, identified as co-founder and CEO, said: “Our mission is to elevate games as a legitimate form of art.”
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What funding is actually confirmed?
TPG’s March 3, 2022 announcement says thatgamecompany received a $160 million investment from TPG and Sequoia. It does not verify the $35 million figure, identify a separate $35 million transaction, or clarify whether that headline refers to another date or deal.
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There are not two verified offers to compare. Without an original announcement or transaction record, the $35 million amount should not be reported as fact. A reliable confirmation would need to establish the date, currency, named investors, form of financing and whether the figure describes total funding or one tranche.
What is thatgamepublisher?
On August 25, 2026, thatgamecompany announced thatgamepublisher, a publishing label intended to support developers making what the company calls emotionally ambitious games. The planned services include funding, production planning, platform and launch strategy, marketing, community support and long-term intellectual-property development.
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- Experience the expansive combat system, richly-realized world, and stirring story of the 2nd chapter of the Trails series! By carrying over your clear data from 1st Chapter, you can obtain exciting bonus items that will help you on your journey.
- Overpower your enemies with new Crafts and S-Crafts! Link your characters' attacks during Quick Battles with the new Brave Rush, and make full use of the orbment system for access to Arts.
- Dive into an intricately woven narrative to uncover the conspiracies threatening the Kingdom of Liberl.
- Enjoy a variety of new content in the sequel, including minigames like fishing and poker, cooking with your companions, and fan-favorite characters joining as playable party members.
- Like Trails in the Sky 1st Chapter, this remake will have updated English and Japanese voice, and English, German, French, and Spanish text language support.
Chen, described in the announcement as CEO and creative director, said: “When we first began making games, many people questioned whether interactive experiences could move players as deeply as film, literature or music.” The announcement describes the label’s aims and services; it does not establish submission requirements, eligibility or deal terms.
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How large is Sky?
Thatgamecompany reported in May 2026 that Sky: Children of the Light had surpassed 300 million downloads. This is a company-reported figure; its announcement does not give a separate measurement methodology.
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What remains unresolved about the $35 million headline?
The available announcements establish Chen’s identity, the studio’s games, the 2022 $160 million investment and the later publishing-label launch. They do not establish a $35 million raise. The exact transaction behind that amount remains unresolved, so it should not be conflated with the confirmed 2022 investment or used to imply a new funding event.
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- Themed game sticker and key chain are included.
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