From the sunken ship that once was Grin a number of new startups are formed and BitSquid is one of them, well… one bit of them ;). The two lead developers from the engine team at Grin is what make up BitSquid and now they are working on a new game engine to showcase at GDC 2010. They have a developer blog about it and it’s sure a nice thing to keep in your RSS list if you are into game engine development :).