The sequel is titled ‘Dreamfall Chapters’ and is being developed by Red Thread Games, a new studio founded by the creators of the first title.
Details for the game have been promised for a future date. For now, you can go through Funcom’s announcement:
Red Thread Games has licensed the rights to The Longest Journey universe from Funcom, and Tornquist will head-up development of Dreamfall Chapters, while serving in an advisory capacity on The Secret World.
Tornquist added their own comments on the sequel:
I’m very excited to finally have the opportunity to continue the ‘The Longest Journey’ saga. Ever since we ended ‘Dreamfall’ on a nail-biting cliffhanger, players have been rightfully demanding a sequel, and my deal with Funcom will finally make that possible.
I’m extremely grateful to Funcom for this unique and exciting opportunity, and I can’t wait to dive back into the universe I helped create more than a decade ago, and continue the story players have been waiting for these past six years.