A short summary for those of you who haven't been paying attention to Ragnar Tørnquist's twitter the past months:
Ragnar left Funcom to create his own company Red Thread Games. Said company are now working on the sequel to Dreamfall, Dreamfall Chapters. They got a small grant from the Norwegian Film Institute which got them through preproduction, but they still need quite a bit more money to complete the game. Therefore they are asking fans to contribute to their Kickstarter campaign.
Red Thread Games: http://redthreadgames.com/
Dreamfall Chapters kickstarter: http://www.kickstarter.com/projects/redthread/dreamfall-chapters-the-longest-jou