The Superfuse game developer Stitch Heads began its bankruptcy process in November 2024. A user in the Superfuse Discord discovered this news shortly after our story diving into the game’s development went live. However, that doesn’t appear to be the whole story.
Disclaimer: I’m not a lawyer and I had to rely heavily on Google Translate to understand Dutch documents. It’s possible that certain translations may be slightly wrong and impact this article.
Stitch Heads Bankruptcy is Ongoing
The Stitch Heads company website now returns a 404 page, even though the websites for their games are still active.
Stitch Heads, also registered as NederBrew B.V., started their bankruptcy process on November 5, 2024. This process is ongoing while a court-appointed curator takes over business operations. They’ve submitted four reports discussing the financials of Stitch Heads and steps going forward. According to their latest report on February 28, 2025, they’ll submit the next one on May 28, 2025.
The current reports say that the cause of bankruptcy, according to the Stitch Heads board, was due to major projects in 2024 falling through or their postponement to 2025. Stitch Heads stated that although they had a strong 2023 with plans for 2024, they couldn’t continue due to those problems. We know they released Superfuse in January 2023 with plans for a large update in late 2023 that wasn’t met. From our previous reporting, we also know they started work on a blockchain game in April 2023, potentially lasting until December 2024.
It’s unknown if the major projects that fell through or were postponed to 2025 include Superfuse, but it’s possible. One reason we haven’t been able to learn more from Stitch Heads is due to developer NDAs, but it’s also likely that the curator handling their bankruptcy is managing their emails.
According to the curator’s reports, 18 staff members were at Stitch Heads when they went bankrupt. It seems all 18 were dismissed on November 6, 2024, the day after bankruptcy. However, the curator continued two projects at Stitch Heads according to their December 2024 report. These were completed by the time they submitted their February 2025 report. This could have been related to Forgotten Playland if Stitch Heads was still working on it until December 2024.
Stitch Heads Co-Founders Have Multiple Businesses Registered
One of many businesses owned by the Stitch Heads co-founders on the Netherlands Chamber of Commerce website.
The curator notes that a new company established by the Stitch Heads board took over a third project. While looking into their bankruptcy, Stitch Heads Holding B.V. popped up, which via Google Translate describes their business as “Managing IP licenses and a holding purpose”. The curator’s report mentions the Stitch Heads board mapping out their IP rights and working with the curator to possibly sell the IP rights that still have value.
It’s unknown what IP rights they’re discussing, but I wonder if the active Stitch Heads Holding B.V. or Superfuse publisher Raw Fury would purchase them. Those IP rights could be both Superfuse and their previous game, Kabounce. In addition to Stitch Heads Holding B.V., the curator reports also mention that the sole shareholder for Stitch Heads (NederBrew B.V.) is Hexcode Holding B.V., described as “Management and administration activities”. Which is owned (according to business database drimble) by three companies named after each of the three Stitch Heads board members.
Despite Stitch Heads (NederBrew B.V.) filing for bankruptcy, there seem to be five other relevant businesses active. This doesn’t discredit their bankruptcy or imply they’re still working on Superfuse, but it does provide more information. Currently, we know the curator is investigating the reasoning for their bankruptcy, dealing with remaining assets like gaming consoles, and running through other motions. We’ll know more when the curator submits their next report on May 28, 2025.
If you have any information regarding Stitch Heads or Superfuse, feel free to contact me at jeff(at)slythergames.com or via Signal: jlerman95.34.
Jeff is a journalist with over 10 years of experience writing, streaming, and making content about video games. With an associate degree in journalism, he’s a sucker for RPGs, survival games, roguelikes, and more.