Speaking with Edge, Ninja Theory's Tameem Antoniades admitted that the studio had hoped to develop a sequel, but has been held back due to lower than expected sales.
"Enslaved should have done better," Antoniades said. "Right now we should have been doing a sequel and perfecting that sequel and doing what franchises do, which is get better over time.
"[But] because that didn't happen we've not expanded to two teams like we intended to. So we've remained a smaller shop. But now we get another chance with DMC."
Enslaved: Journey to the West suffered from poor sales totalling only 730,000 as of April this year.
However, the game was critically acclaimed, even earning an Ivor Novello award nomination for 'Best Original Video Game Score'.
Ninja Theory is currently developing DMC, a modern-day reboot of Capcom's Devil May Cry franchise.