They managed to raised the required money on Kickstarter. Shenmue 3 was announced as a kickstarter during E3. It beat it's original target in under 24 hours. This is the biggest kickstarter yet for a game, and now we have to wait and see if they can deliver the promise from the money they've received.
In total the kickstarter earned:
"Successfully raised $6,333,296 USD with 69,320 backers"
According to the kickstarter page. The latest goal that was reached was "Battle System Expanded Advanced Free Battle."
What do you think of this news regarding the kickstarter of Shenmue III?