Yep, here is what I posted on a steam thread a bit back
anyway after lots of googling and luck I have answers, usually this error is caused by some random usb device's driver or dep.... in this game however it seems to have more to do with a bad usage of the VC 2013 runtime. Reinstalling/repairing does not help.
What you can do as a workaround is (assuming you are running win7 sp1) run the game in compatibility mode for win7. This bypasses the bex 64 issue and runs the game with a error box, just ignore this box and the game runs fine, some people have reported performance issues though.
Unless the 1.12 update was released in the last few weeks, in which case I dunno for certain