Originally Posted by The Hulk 
I think a big reason they are having funding troubles is due to poor timing, being late to kickstarter when a lot of rpg fans already have too much debt(and angry spouses) from donating to other games.
I think another significant reason is that most people initially interested are fans of QfG´s, but this project doesn´t seem quite like a spiritual successor to these, mainly due to visual presentation.
Originally Posted by The Hulk 
If I remember correctly, they said to make a 3D Hero-U game with high quality graphics would cost them at least several million dollars, and they didn't think that would have been a realistic goal for them to set on kickstarter.
I bet if they went a visual route á la AGDI´s Sierra remakes, by now they´d be already funded.