If you expected to see Psychonauts 2 released in 2019, then you will be sorely disappointed today.
In a post that’s appeared on the Psychonauts 2 Fig campaign blog, the studio announced that the game was delayed till 2020. Here’s the relevant bit in full:
By the time Psychonauts 2 releases in 2020, 4 years will have passed from its successful funding campaign at Fig.io where it collected more than $3 million. Initially, the game was supposed to be published by Starbreeze, who jumped onboard with $8 million in investment in 2018, but it was subsequently announced at E3 that Microsoft would be publisher the title.
Psychonauts 2 will release on GOG, Steam, Humble, Linux, Mac, Xbox and PS4 in 2020 (probably).