Deep Silver is working on a new game within the Risen series, titled simply Risen 3: Titan Lords. This reveal comes via the German magazine PC Games.
Risen 2 took a pretty big departure from the original’s theme in lieu of a pirate theme, while this new game returns to the original’s medieval setting.
Unfortunately, we don’t know much more about the game outside of it being developed for PC. However, screenshots for it have leaked: