The Kickstarter for the development of Shenmue 3 has collected roughly $7 million US in funding. The new figure is the total amount received from roughly 81,000 backers.

The game's Kickstarter campaign started in July of 2015 and the game itself has been in development ever since. It is currently being developed by Ys Net, an independent development studio founded by franchise creator Yu Suzuki.

Shenmue 3 sees the continuation of the epic story-driven saga. The player controls teenage martial artist Ryo Hazuki as he investigates his father's murder.

Players must explore the game's open world, searching for clues, examining objects and talking to non-player characters for information, taking them further into enemy territory, deeper into mystery, and even closer to their destiny.

The game is said to be the true sequel to the previous open-world role-playing games in the franchise. The game is built upon Unreal Engine 4 to power its visuals.

Shenmue 3 releases on August 27, 2019, for PC and PlayStation 4.